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Topshop-owner Arcadia files administration applications following emergency funding talks

Big Four firm Deloitte is set to be appointed as administrator to the stricken retail business

Monday 30 November 2020 at 17:41

Topshop-owner Sir Philip Green’s retail empire Arcadia is set to plunge into administration, leaving thousands of jobs in the balance.

Lawyers for Arcadia filed a string of administration applications at the High Court today after a weekend of emergency funding talks.