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Deloitte to be appointed as administrator to Sir Philip Green’s Arcadia retail empire

The retail conglomerate which owns Topshop could collapse within days

Philip Green's retail empire Arcadia, which owns Topshop, could go into administration as soon as Monday. Deloitte is about to be appointed as administrator to the business.
Philip Green's retail empire Arcadia, which owns Topshop, could go into administration as soon as Monday. Deloitte is about to be appointed as administrator to the business. Photo: Getty Images

Big Four accountancy firm Deloitte is about to be appointed as administrator to Sir Philip Green’s retail conglomerate Arcadia.

Sky News reported that the owner to Topshop plans to appoint Deloitte to oversee the administration of the business as soon as next week. The collapse of the business would put 15,000 jobs at risk.

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