Green seeks to restructure Arcadia after Covid hit

Sir Philip Green aims to overhaul his Arcadia fashion empire

As part of the emergency measures the controversial retailer, whose Arcadia stable includes Topshop, Dorothy Perkins and Burton, has presented cost-cutting proposals to The Pensions Regulator, The Sunday Times reported.

The regulator’s approval is vital because of a £727m deficit in Arcadia’s pension funds.

 

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