Face of Nation :Arcadia’s second-biggest landlord – planned to maintain its opposition to the so-called company voluntary arrangements (CVAs) despite the sweetened offer.
Rescue vote for Sir Philip Green’s Arcadia Group hangs in the balance Topshop and Burton could be placed under the control of administrators today if creditors oppose a package of rescue proposals.
The future of Sir Philip Green’s high street retail empire hangs in the balance ahead of crucial votes on a rescue deal.
Arcadia Group – the company behind the Topshop, Dorothy Perkins and Burton brands – needs the support of at least 75% of creditors in a series of ballots that were delayed last week because of significant opposition from landlords.
