Authentic Brands Could Buy Arcadia Group And Debenhams
PYMNTS
DECEMBER 14, 2020
The fashion labels of Arcadia Group comprised an estimated £75 million (approximately $100 million) of Debenhams’ yearly sales prior to COVID-19. Arcadia Group is the owner of Evans, Dorothy Perkins, Burton, Topshop and others. Joint administrators at Gavin Maher, Daniel Butters and Deloitte were enlisted to supervise Arcadia Group.
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