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Nov 29, 2020
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senior sources at the arcadia group have told the bbc they do not expect any last—minute rescue of thep green. around 13,000 people are employed by the group, which owns uk high street brands such as topshop, dorothy perkins and burton. speaking to the bbc, an insider dismissed talk of any possible rescue. administrators could be appointed as early as monday. our business correspondent katy austin gave me this update. of course, arcadia group did have problems before the coronavirus pandemic. it is absolutely true, though, that the restrictions that have come with coronavirus, shops having to close for a period of time, have really added to those difficulties and yes, it does look like arcadia is set to enter administration at some point tomorrow. in practical terms, the stores would continue to trade for the time being, although of course they can't yet in england until later in the week, but when they do reopen they would carry on trading and the search for a buyer or buyers for those brands really starts. i think it is fair to say that his style of business had become slightly outda
senior sources at the arcadia group have told the bbc they do not expect any last—minute rescue of thep green. around 13,000 people are employed by the group, which owns uk high street brands such as topshop, dorothy perkins and burton. speaking to the bbc, an insider dismissed talk of any possible rescue. administrators could be appointed as early as monday. our business correspondent katy austin gave me this update. of course, arcadia group did have problems before the coronavirus pandemic....
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Nov 30, 2020
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the arcadia group has more than 500 stores, employing 13,000 people. concessions in 170 towns and cities across the uk. senior sources at the company told the bbc they do not expect a last—minute rescue deal. the offer of a £50 million loan from mike ashley's frasers group has reportedly been dismissed. there is also the added uncertainty for thousands of arcadia staff, as there is an estimated £350 million hole in the company's pension fund. the bbc understands he is currently on his superyacht, lionheart, which is docked in monaco's harbour. he has so far declined requests for an interview. greg mckenzie, bbc news. let's get more on this with our business presenter ben thompson. good morning. good morning. we are hearing there in that report about some of the issues and some of the thousands of jobs some of the issues and some of the thousands ofjobs at stake if arcadia does collapse later today. as we were hearing, it is expected the business will continue trading, but the big caveat in that is when those shops can reopen. we know looks shops on the
the arcadia group has more than 500 stores, employing 13,000 people. concessions in 170 towns and cities across the uk. senior sources at the company told the bbc they do not expect a last—minute rescue deal. the offer of a £50 million loan from mike ashley's frasers group has reportedly been dismissed. there is also the added uncertainty for thousands of arcadia staff, as there is an estimated £350 million hole in the company's pension fund. the bbc understands he is currently on his...
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but that isn't just a case for the arcadia group. it would be really unfairto paint arcadia group. the brands within the group have been suffering for years, through underinvestment, when perhaps the organisation could have made decisions about redeploying money into the brands rather than making dividend payments, as these fashion brands have had to evolve quickly to make new ways of contacting and engaging with a very demanding consumer, but in addition to that, also sorting out its pensions deficit, which is one of the things dogging it right now. the only consolation on that i suppose from pensioners and those who were by hoping to drop pension in future yea rs hoping to drop pension in future years as i understand the pension fund gets first pick as it were of the money, and it clearly needs it. there are regulators as well which can help support it, and we can't talk about this without shining a light on notjust the employees of the organisation but all those affected in its supply chain as well. talks of numbers of up to 30,000 jobs may be affected, and whilst we hear and se
but that isn't just a case for the arcadia group. it would be really unfairto paint arcadia group. the brands within the group have been suffering for years, through underinvestment, when perhaps the organisation could have made decisions about redeploying money into the brands rather than making dividend payments, as these fashion brands have had to evolve quickly to make new ways of contacting and engaging with a very demanding consumer, but in addition to that, also sorting out its pensions...
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arcadia groupjumped by the paper say their market share for the arcadia group jumped by a the paper hat new technology line from daisy, this is a man a p pa re ntly line from daisy, this is a man apparently who wanted all its e—mails printed out so he can read them on paper. what do you make of them on paper. what do you make of the demise? we must not lose sight there are 13,000 jobs here in a big hole in the pension fund.|j there are 13,000 jobs here in a big hole in the pension fund. i think daisy is complete and the right. it is easy for arcadia to point to the pandemic which has undoubtedly been a short cause to their demise but nevertheless clearly they have falle n nevertheless clearly they have fallen behind in e—commerce race and these faction empires all have tried to move away from bricks and mortar where they can, they have seen coi'isuitiei’ where they can, they have seen consumer demand has gone. that is a long—term factor which came to roost here. most interesting is the empire, who buyers might be, there are assets here which are valuable and there are reports of some
arcadia groupjumped by the paper say their market share for the arcadia group jumped by a the paper hat new technology line from daisy, this is a man a p pa re ntly line from daisy, this is a man apparently who wanted all its e—mails printed out so he can read them on paper. what do you make of them on paper. what do you make of the demise? we must not lose sight there are 13,000 jobs here in a big hole in the pension fund.|j there are 13,000 jobs here in a big hole in the pension fund. i...
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arcadia group did have problems before the coronavirus pandemic.navirus, shops having to close for a period of time, have really added to those difficulties and yes, it does look like arcadia is set to enter administration at some point tomorrow. in practical terms, the stores would continue to trade for the time being, although of course they can't yet in england until later in the week, but when they do reopen they would carry on trading and the search for a buyer or buyers for those brands really starts. i think it is fair to say that his style of business had become slightly outdated and yes, his brands weren't as quick as others to seize on the opportunities of digital. others, you might think of boohoo, have done very well out of online retail and lots of competition on the high street as well. i think it is worth mentioning at this time, there is going to be a focus in the coming weeks and months on other things like pensions as well because we do think the arcadia group has had a deficit in its pensions funds, which potentially runs into hu
arcadia group did have problems before the coronavirus pandemic.navirus, shops having to close for a period of time, have really added to those difficulties and yes, it does look like arcadia is set to enter administration at some point tomorrow. in practical terms, the stores would continue to trade for the time being, although of course they can't yet in england until later in the week, but when they do reopen they would carry on trading and the search for a buyer or buyers for those brands...
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Nov 1, 2020
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barton, arcadia groups, tesco, river island... almost everybody has visited in my showroom.lmost 5,000 garment factories in bangladesh, employing mostly women. but could the coronavirus erase decades of progress in a matter of months? you see all this is justjeans. and those made for the uk high street. theyjust keep here like that. how many days i can keep the jeans like that? where i have the space?! factories shut down, leaving thousands of people out of work... chanting. ..and worried about how they will survive. bangladesh is the second largest manufacturer of ready—made garments in the world. this industry employs 4 million people in the country. 85% of them are women. the southern port city of chittagong. most of the clothing in these factories is made forfast fashion brands in america and europe. it's all about huge volumes and quick turnaround times. mostafiz uddin is the owner of denim expert. this is pepejeans london. he employs 2,000 workers, making jeans for big international brands. when he built the factory 11 years ago, mostafiz focused on creating a safe wor
barton, arcadia groups, tesco, river island... almost everybody has visited in my showroom.lmost 5,000 garment factories in bangladesh, employing mostly women. but could the coronavirus erase decades of progress in a matter of months? you see all this is justjeans. and those made for the uk high street. theyjust keep here like that. how many days i can keep the jeans like that? where i have the space?! factories shut down, leaving thousands of people out of work... chanting. ..and worried about...
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Nov 30, 2020
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the british retail giant — arcadia group — which owns some
the british retail giant — arcadia group — which owns some
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the number of people in hospital because of coronavirus senior sources at the arcadia group have told13,000 people are employed by the group which owns topshop, dorothy perkins and burton. a bbc spokesman said they don't expect the rescue and administrators could be appointed by thursday. the number of people in hospital because of coronavirus has hit a new record high in the united states. according to the covid tracking project, there are now more than 91,000 people in hospital beds, and that number has been rising almost every day since late october. the current surge is showing no sign of slowing down and on friday the number of people infected with the virus surpassed 13 million. our north america correspondent, david willis, is following developments. let me give you one number, it is 2,752. bear that number in mind if you can. it is the figure in april, on a single day in april this year, the number of people who died here in the united states because of the coronavirus. and for six months, that figure, 2752, has been the all—time high, the benchmark, the grim benchmark for dea
the number of people in hospital because of coronavirus senior sources at the arcadia group have told13,000 people are employed by the group which owns topshop, dorothy perkins and burton. a bbc spokesman said they don't expect the rescue and administrators could be appointed by thursday. the number of people in hospital because of coronavirus has hit a new record high in the united states. according to the covid tracking project, there are now more than 91,000 people in hospital beds, and that...
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sources at the arcadia group, which owns high street brands including topshop and miss selfridge, saydo not expect any last minute rescue of the clothing empire built up by sir philip green. the man behind the mask of darth vader — tributes are paid to the british actor dave prowse who's died at the age of 85. now on bbc news, the travel show. this week on the travel show... ..the gadgets that could get us back on the road... ..new solutions for ancient problems... this thing is so much better than any of us can do. here he comes! and kangaroo island bounces back. do you want any milk? it has been awesome to see. yeah, the resilience of the australian wildlife. hi, welcome to the show, coming to you this week from the eerily quiet london city airport. hence why i am allowed to talk to you from the actual runway. take a look at this. this is bonkers! normally this would be buzzing with planes taking off and landing, but as we all know, travel around the world has pretty much stopped. but nevertheless, we are going to do our best to try to keep you all inspired until travel resumes once
sources at the arcadia group, which owns high street brands including topshop and miss selfridge, saydo not expect any last minute rescue of the clothing empire built up by sir philip green. the man behind the mask of darth vader — tributes are paid to the british actor dave prowse who's died at the age of 85. now on bbc news, the travel show. this week on the travel show... ..the gadgets that could get us back on the road... ..new solutions for ancient problems... this thing is so much...
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Nov 27, 2020
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the arcadia group is on the brink of collapse.ons for not being more locally targeted. it comes as the latest data shows the coronavirus r number in the uk is now between 0.9 and 1. now on bbc news, it's time for the film review. hello and welcome to the film review with me, mark kermode, rounding up the best movies available for viewing in cinemas and in the home. one of the most intriguing films at last month's bfi london film festival was possessor, the second feature from canadian writer—director brandon cronenberg. set in an alternate 2008, this enjoyably squishy sci—fi thriller features andrea riseborough as tasya vos, an assassin working for a sinister industrial espionage company who transplant the consciousness of their agent into unwitting hosts to carry out covert hits, like a much nastier version of inception. for her latest assignment, vos possesses the body of colin tate, played by christopher abbott, effectively doing an impression of andrea riseborough doing an impression of christopher abbott. think of the 80s com
the arcadia group is on the brink of collapse.ons for not being more locally targeted. it comes as the latest data shows the coronavirus r number in the uk is now between 0.9 and 1. now on bbc news, it's time for the film review. hello and welcome to the film review with me, mark kermode, rounding up the best movies available for viewing in cinemas and in the home. one of the most intriguing films at last month's bfi london film festival was possessor, the second feature from canadian...
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let remind ourselves of the size of the arcadia group.thy perkins and miss selfridge among others. there was a major restructure last year which meant they closed down international outlets, about 13,000 jobs remain in the uk. despite the problems of the company, sir philip green, its owner, has an estimated personal wealth of more than £900 million. every empire has its day, but this is an extraordinary fall for the man once dubbed the ‘king of the high street'. brash, brave, brilliant. bully. whatever your view, sir philip green is undeniably one of the big beasts of british retail. it's going to be about old—fashioned shopkeepers, old—fashioned operators, there's no more financialjinks, this is about knowing your business. from miss selfridge to dorothy perkins, his clothing brands are on every high street. but it is topshop and its links with high fashion that striven the group's success. it's just a label, isn't it? yeah, but it's the style of clothes! it's kate moss! yeah, it's kate moss! it's kate moss! everybody wants to be like k
let remind ourselves of the size of the arcadia group.thy perkins and miss selfridge among others. there was a major restructure last year which meant they closed down international outlets, about 13,000 jobs remain in the uk. despite the problems of the company, sir philip green, its owner, has an estimated personal wealth of more than £900 million. every empire has its day, but this is an extraordinary fall for the man once dubbed the ‘king of the high street'. brash, brave, brilliant....
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sources at the arcadia group which owns high street brands including topshop and miss selfridge say they sir philip green. the ethiopian government says it's hunting for the leaders of the tigray region, a day after it said federal troops had seized control of the main city. there's been no independent confirmation and no word on casualties, and the whereabouts of the head of tigray‘s ruling party are unknown. it comes as a human rights group in neighboring eritrea says thousands of eritrean refugees who've lived for many years in tigray have been abducted by eritrean troops who crossed the border. meanwhile, the us embassy in eritrea has said on twitter that six explosions have been reported in the eritrean capital asmara, late on saturday night. the embassy didn't specify where the explosions took place or what was the cause. mark lobel reports. a big military win trumpeted on ethiopian state tv. there's praise for the heroic national defence force on capturing tigray‘s capital in what is described as its peoples' liberation. but is it that simple? translation: our forces have freed mo
sources at the arcadia group which owns high street brands including topshop and miss selfridge say they sir philip green. the ethiopian government says it's hunting for the leaders of the tigray region, a day after it said federal troops had seized control of the main city. there's been no independent confirmation and no word on casualties, and the whereabouts of the head of tigray‘s ruling party are unknown. it comes as a human rights group in neighboring eritrea says thousands of eritrean...
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Nov 27, 2020
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the arcadia group, which owns top shop and dorothy perkins, is on the brink of collapse.ief negotiator is proposing that eu fleets return some fish caught in british waters, if a free trade deal is agreed. sport now and for a full round up, from the bbc sport centre, here's gavin. good afternoon. england's cricket tour of the netherlands next may has been put back a year. but their first overseas game since the pandemic does take place this afternoon. they are set to face south africa in cape town, the first of three 2020 internationals and a lot at stake according to england captain eoin morgan who has told his team mates that places in next years t20 world cup side are still up for grabs. the competition due to start in australia last month, was postponed by a year because of the pandemic. i think we have a huge amount of, we have a group of players that both are very good batting in the top three but also want to bat in the top three and in reality we need extremely strong top seven in order to win or compete at a world cup. england have been given one of the top europ
the arcadia group, which owns top shop and dorothy perkins, is on the brink of collapse.ief negotiator is proposing that eu fleets return some fish caught in british waters, if a free trade deal is agreed. sport now and for a full round up, from the bbc sport centre, here's gavin. good afternoon. england's cricket tour of the netherlands next may has been put back a year. but their first overseas game since the pandemic does take place this afternoon. they are set to face south africa in cape...
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the arcadia group has more than 500 stores employing 13,000 people. accounts for 250 shops and concessions in 170 towns and cities across the uk. senior sources at the company told the bbc they do not expect a last minute rescue deal. the offer of a £50 million loan from mike ashley's frasers group has reportedly been dismissed. there is also added uncertainty for thousands of arcadia staff, as there is an estimated £350 million hole in the company's pension fund. the bbc understands green is currently on his superyacht, lionheart, which is docked in monaco‘s harbour. he has so far declined requests for an interview. greg mckenzie, bbc news. coronavirus infections dropped by almost a third in england during the second national lockdown according to the latest data. interim findings from imperial college london showed lower infection rates across the country after testing more than 100,000 people. rachel schraer reports. to get a sense of how many people across england have coronavirus, our best option is to pick a sample of people from different age g
the arcadia group has more than 500 stores employing 13,000 people. accounts for 250 shops and concessions in 170 towns and cities across the uk. senior sources at the company told the bbc they do not expect a last minute rescue deal. the offer of a £50 million loan from mike ashley's frasers group has reportedly been dismissed. there is also added uncertainty for thousands of arcadia staff, as there is an estimated £350 million hole in the company's pension fund. the bbc understands green is...
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more than 13,000 jobs are at risk after the british retail group arcadia went into administration. thy perkins. it had been seeking a new injection of cash following lost sales because of the pandemic. our business editor simonjack has the latest. in his pomp, a fashion emperor who dominated the high street and didn't mind flaunting the vast wealth it brought him, lavish parties attended by the rich, powerful and famous, a description he felt comfortable with himself. the empire was full of household names that customers of all ages would recognise. tonight, that empire has collapsed into administration. there's going to be huge unemployment... the woman credited with building the topshop brand explains where it all went wrong. philip's overriding concern was to buy something as cheaply as he could possibly buy it and then sell it for as much as he could get for it. the online players such asos and boohoo don't have the cost base of the stores, they don't have to pay for staffing in their stores. all they have is their online presence. they are much better at it, they've invested a
more than 13,000 jobs are at risk after the british retail group arcadia went into administration. thy perkins. it had been seeking a new injection of cash following lost sales because of the pandemic. our business editor simonjack has the latest. in his pomp, a fashion emperor who dominated the high street and didn't mind flaunting the vast wealth it brought him, lavish parties attended by the rich, powerful and famous, a description he felt comfortable with himself. the empire was full of...
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Nov 27, 2020
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start to talk about black friday, we are starting to see some potentially troubling news about the arcadia groupis not confirmed, but we are seeing reports that the arcadia group, philip green is the owner, you might have heard that name before, a popular business figure, and his retail empire owns the likes of topshop, burton and dorothy perkins. we know he has been in talks with potential lenders about borrowing £30 million to prop up about borrowing £30 million to prop up his business. like many retailers, his empire has also been struggling. we have heard reports over the last few months about how retailers have been struggling prior to the pandemic, and the pandemic making the situation a lot worse for them, because there are fewer shoppers, because many shops have been closed. we are hearing reports that these talks have ended without success , that these talks have ended without success, and that administrators could be appointed as early as next week. this has not been confirmed yet, as i said, it isjust news week. this has not been confirmed yet, as i said, it is just news that we are h
start to talk about black friday, we are starting to see some potentially troubling news about the arcadia groupis not confirmed, but we are seeing reports that the arcadia group, philip green is the owner, you might have heard that name before, a popular business figure, and his retail empire owns the likes of topshop, burton and dorothy perkins. we know he has been in talks with potential lenders about borrowing £30 million to prop up about borrowing £30 million to prop up his business....
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let's return to the struggles facing the arcadia group, the retail empire of sir philip green, which to be on the brink of collapse. sir philip had been in talks with potential lenders about borrowing £30m to help the business through christmas. however, these talks have failed and administrators could be appointed on monday, putting 13,000 jobs at risk. let's speak now to susannah streeter, who's an investment analyst for hargreaves lansdown. susanna, thanks very much for being with us. what's gone wrong for arcadia? well, it's notjust a pandemic, although of course it's really accelerated the trends. arcadia group was really struggling with, for example, it used to be really leading the fashion packed with high—profile collaborations with high—profile collaborations with the likes of kate moss, for example, but its face really stiff competition online. also, high mark in the high streets. it was facing this problem before, but certainly the pandemic has accelerated those and from the group into chaos because of course, it's 500 stores had to close, notjust here, but in other parts
let's return to the struggles facing the arcadia group, the retail empire of sir philip green, which to be on the brink of collapse. sir philip had been in talks with potential lenders about borrowing £30m to help the business through christmas. however, these talks have failed and administrators could be appointed on monday, putting 13,000 jobs at risk. let's speak now to susannah streeter, who's an investment analyst for hargreaves lansdown. susanna, thanks very much for being with us....
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Nov 29, 2020
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sources at the arcadia group — which owns high street brands including topshop and miss selfridge — downplaya last—minute rescue of sir philip green's clothing empire. and the man behind the mask of darth vader — weightlifter—turned—actor dave prowse has died at the age of 85. now on bbc news, a special women—focussed edition of witness history, the bbc‘s ciru muriuki in nairobi brings us five moments from the recent past as told to us by the women who were there. hello, i'm ciru muriuki, and thanks forjoining me here at the arboretum in kenya's capital nairobi for this special edition of witness history celebrating some extraordinary women. coming up, we will hear about the fight for equal religious rights for women at the western wall injerusalem... ..how the american space agency nasa first allowed women to take an active part in its missions in the 1970s... ..and the campaign to make the contraceptive pill available in japan. but first, we go to sri lanka in 1960, when sirimavo bandaranaike was elected the world's first female prime minister. mrs bandaranaike entered politics after the a
sources at the arcadia group — which owns high street brands including topshop and miss selfridge — downplaya last—minute rescue of sir philip green's clothing empire. and the man behind the mask of darth vader — weightlifter—turned—actor dave prowse has died at the age of 85. now on bbc news, a special women—focussed edition of witness history, the bbc‘s ciru muriuki in nairobi brings us five moments from the recent past as told to us by the women who were there. hello, i'm...
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Nov 28, 2020
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islamist group al shabaab stages regular attacks in the city. 13,000 employees of sir philip green's arcadia group is owned by sir philip green, is said to be just days away from collapse. if it does, it would be the biggest british corporate collapse since the start of the coronavirus pandemic. 3d printing is becoming an increasingly useful tool for many people around the world. in theory, almost any object can be recreated — and size isn't necessarily an obstacle. in germany they are thinking big — using a 3d printer to build a block of flats. tim allman has more. building sites just aren't what they used to be. here, in the appropriately named town of wallenhausen, a potential revolution in construction is taking place. a ginormous 3d printer which uses concrete rather than ink. translation: this machine automatically applies layer upon layer of concrete, it is like using a piping bag to ice a cake. building up the layers step—by—step. at 380 square metres, this will be the biggest residential building constructed in europe using this technology. once the walls are up, the cavities will also be
islamist group al shabaab stages regular attacks in the city. 13,000 employees of sir philip green's arcadia group is owned by sir philip green, is said to be just days away from collapse. if it does, it would be the biggest british corporate collapse since the start of the coronavirus pandemic. 3d printing is becoming an increasingly useful tool for many people around the world. in theory, almost any object can be recreated — and size isn't necessarily an obstacle. in germany they are...
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they make up the arcadia group, with more than 500 stores.dd towns and cities across the uk. bricks and mortar stores have become an albatross of any —— around any big company's next. and there will be new or fashion companies who started their businesses digitally who are much nimble and able to adapt than many of the arcadia businesses. the owner is sir philip green — colourful and controversial. he built one of the biggest clothing empires in the biggest clothing empires in the country, courting celebrities along the way. but then he sold it for a pound and it collapsed a year later. could you not look at me like that all the time? it's really disturbing. leaving him facing the fury of mps and having to cough up millions to the pension schemes. he's gone from zero to hero, now it looks like he's going back to zero again. philip's style worked really well for a while, but it's been working progressively less well. today's retail industry needs huge investment, and it's never been his style to invest much in his businesses, as was example fi
they make up the arcadia group, with more than 500 stores.dd towns and cities across the uk. bricks and mortar stores have become an albatross of any —— around any big company's next. and there will be new or fashion companies who started their businesses digitally who are much nimble and able to adapt than many of the arcadia businesses. the owner is sir philip green — colourful and controversial. he built one of the biggest clothing empires in the biggest clothing empires in the...
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the arcadia group, which owns dozens of fashion brands, including top shop, has filed for bankruptcy. there's been no announcement of store closures, or layoffs, spas, an estimated $13000.00. jobs at the company are at risk. u.k. economy is suffering its worst recession in more than 300 years. france's government has dropped a controversial draft law that would restrict the publishing of images of police. the bill sponsored large protests on saturday, fueled by anger, over a video of police beating a black man in paris. critics of the all say it could prevent such incidents from being exposed. a new version of the bill will be submitted. oh, an elephant dubbed the loneliest in the world has finally arrived at his new home with the help of an entertainment i call. the plight of cava, the only elephant in islamabad, pakistan drew global attention now after a fund raising campaign, he's been flown to a new life at a wildlife sanctuary. and cambodia and carven had a v.i.p. greeting on the tarmac from sheer singer has been a leading supporter of the lonely elephant campaign. this is al jaz
the arcadia group, which owns dozens of fashion brands, including top shop, has filed for bankruptcy. there's been no announcement of store closures, or layoffs, spas, an estimated $13000.00. jobs at the company are at risk. u.k. economy is suffering its worst recession in more than 300 years. france's government has dropped a controversial draft law that would restrict the publishing of images of police. the bill sponsored large protests on saturday, fueled by anger, over a video of police...
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sources at the arcadia group, which owns high street brands including topshop and miss selfridge, saydo not expect any last minute rescue of the clothing empire built up by sir philip green. the man behind the mask of darth vader — tributes are paid to the british actor dave prowse who's died at the age of 85. now on bbc news, to celebrate bbc 100 women, click is profiling the most inspiring and influential women in technology. this week, a global click gathering... ..high—tech ivf hopes... ..and a robot ballerina with no left feet. hey, welcome to click. hope you're doing 0k. now, we've met some pretty incredible female tech pioneers in our time, but this week's programme is going to be particularly inspiring. we're dedicating it to women in tech. and one female—led tech company, benevolentai, has had a spot of good news this week. yes, so this is the company that you visited earlier in the year, isn't it? they're using al to try and predict which medicines — which are already on the market — might be repurposed to treat coronavirus. is that right? yes, that's right! just nine months
sources at the arcadia group, which owns high street brands including topshop and miss selfridge, saydo not expect any last minute rescue of the clothing empire built up by sir philip green. the man behind the mask of darth vader — tributes are paid to the british actor dave prowse who's died at the age of 85. now on bbc news, to celebrate bbc 100 women, click is profiling the most inspiring and influential women in technology. this week, a global click gathering... ..high—tech ivf hopes......
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Nov 27, 2020
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in northern ireland — just a week after being allowed to reopen. 13,000 jobs are at risk — the arcadia grouph owns topshop and dorothy perkins, is on the brink of collapse. the duchess of cambridge warns about the lockdown loneliness faced by parents of young children. and, it's black friday, when shoppers look for a bargain — but will the online giants make it harder for the independent shops this year? and coming up on bbc news... england could face wales, and either northern ireland or scotland in world cup qualifying. they're named as one of the top european seeds for next month's draw. good afternoon and welcome to the bbc news at one. the prime minister has been defending the decision to place large areas of england in high coronavirus tiers next week, after many of his own mps expressed anger that the restrictions aren't more locally targeted. 55 million people will be living in tiers two and three once the current lockdown ends on wednesday — borisjohnson says it would have been impossible to divide the country into numerous complicated zones. but some conservatives are threatening t
in northern ireland — just a week after being allowed to reopen. 13,000 jobs are at risk — the arcadia grouph owns topshop and dorothy perkins, is on the brink of collapse. the duchess of cambridge warns about the lockdown loneliness faced by parents of young children. and, it's black friday, when shoppers look for a bargain — but will the online giants make it harder for the independent shops this year? and coming up on bbc news... england could face wales, and either northern ireland or...
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Nov 29, 2020
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sources at the arcadia group, which owns high street brands including topshop and miss selfridge, downplayf a last minute rescue of sir philip green's clothing empire. and the man behind the mask of darth vader — weightlifter—turned—actor dave prowse has died at the age of 85. now on bbc news, this week in parliament reviews the last seven days in westminster. hello again, and welcome to the week in parliament. a week when the scale of the covid crisis was laid bare. our health emergency is not yet over, and our economic emergency has only just begun. england's lockdown will be lifted within days, labour warn it could end in tiers. the prime minister proposes a return to the 3—tier system. that's risky. and are music streaming services killing music? the earnings from my streaming, they're not significant enough to keep the wolf away from the door. but first... downing street had warned us that the figures behind the chancellor's spending review would make "sobering reading". and that was one economic forecast that came true. the economy will shrink by 11% this year. more than two and a ha
sources at the arcadia group, which owns high street brands including topshop and miss selfridge, downplayf a last minute rescue of sir philip green's clothing empire. and the man behind the mask of darth vader — weightlifter—turned—actor dave prowse has died at the age of 85. now on bbc news, this week in parliament reviews the last seven days in westminster. hello again, and welcome to the week in parliament. a week when the scale of the covid crisis was laid bare. our health emergency...
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Nov 27, 2020
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our top story this evening: 13,000 jobs are at risk with top shop's owner, the arcadia group, close toncer is to be trialled by the nhs in england. coming up on sportsday on bbc news: we'll bring you the latest from cape town as england's cricketers take on south africa in the first of three t20 internationals behind closed doors. five weeks today, the brexit transition period comes to an end. it means there are only a few weeks left — if that — to hammer out a trade deal with the eu otherwise we leave with no deal. one of the main sticking points is fishing and the level of future access that eu boats will have to british waters. as face—to—face talks between the uk and the eu resume in london this weekend, jon kay reports from newlyn in cornwall on problems that need resolving fast. while we sleep, they work at the far southwest tip of britain. we are catching hake mainly, and we have a bit of haddock and cod. going straight back out anyway, so sopefully we can catch a bit more. by the time they return, there could be news on brexit. british negotiators will spend the weekend trying
our top story this evening: 13,000 jobs are at risk with top shop's owner, the arcadia group, close toncer is to be trialled by the nhs in england. coming up on sportsday on bbc news: we'll bring you the latest from cape town as england's cricketers take on south africa in the first of three t20 internationals behind closed doors. five weeks today, the brexit transition period comes to an end. it means there are only a few weeks left — if that — to hammer out a trade deal with the eu...
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Nov 27, 2020
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they make up the arcadia group, with more than 500 stores.as some 250 shops and concessions in 170 odd towns and cities across the uk. rigs and mortar stores have become an albatross around any big company's neck and i have been new and flashy companies that have grown up digital natives and started their business digitally and they are much more nimble and able to adapt that many of the arcadia businesses. the owner is sir philip green, colourful and controversial. he built one of the biggest clothing empire is in the country, courting celebrities along the way but then he sold bhs for a pound and it collapsed a year later. can you not look at me like that all the time, it's disturbing. leaving him facing the fury of mps and having to cough up millions to the pension schemes. he has gone from zero to hero and now it looks like he's going back to zero again. philip's style worked really well for a while but it has been working progressively less well. the retail industry today needs huge investment and it has never been his style to invest mu
they make up the arcadia group, with more than 500 stores.as some 250 shops and concessions in 170 odd towns and cities across the uk. rigs and mortar stores have become an albatross around any big company's neck and i have been new and flashy companies that have grown up digital natives and started their business digitally and they are much more nimble and able to adapt that many of the arcadia businesses. the owner is sir philip green, colourful and controversial. he built one of the biggest...
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Nov 28, 2020
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a worrying weekend for 13,000 workers at some of the uk's biggest retail names — arcadia, the group that
a worrying weekend for 13,000 workers at some of the uk's biggest retail names — arcadia, the group that
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Nov 28, 2020
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a worrying weekend for 13,000 workers at some of the uk's biggest retail names — arcadia — the group
a worrying weekend for 13,000 workers at some of the uk's biggest retail names — arcadia — the group
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Nov 28, 2020
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a worrying weekend for 13,000 workers at some of the uk's biggest retail names — arcadia — the groupns top shop, dorothy perkins, and miss selfridge is on the brink of collapse. now on bbc news, 22 people died when a suicide bomber detonated a device at an ariana grande concert at the manchester arena three years ago. there that night were usman ahmed, an 18—year—old student working as a part time steward, and sharon crawford, who was picking up her daughter izzy from the concert. both their lives were changed forever. this is their story — and a warning this film contains some distressing details. you could just smell the presence of evil there. i sort of like grabbed my leg and i said, "i think i have been shot." and izzy's dad said, "i think it is a bomb." screaming. it is may 2017, what does life look like for you? just rosie, bringing up izzy. just enjoying everything that was going on. my main goal then was to get into university and that was my main wish. and i can remember getting dressed, thinking, it is so hot, what am i going to wear? i can remember the jeans i put on, the
a worrying weekend for 13,000 workers at some of the uk's biggest retail names — arcadia — the groupns top shop, dorothy perkins, and miss selfridge is on the brink of collapse. now on bbc news, 22 people died when a suicide bomber detonated a device at an ariana grande concert at the manchester arena three years ago. there that night were usman ahmed, an 18—year—old student working as a part time steward, and sharon crawford, who was picking up her daughter izzy from the concert. both...
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Nov 28, 2020
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statement, arcadia said the forced closure of its stores during the pandemic had had a material impact on trading across its businesses. if the administration process does kick off on monday, the group'sland and ireland, and a buyer will be sought. the question then is if buyers can be found for arcadia's brands, and who they might be. katy austin, bbc news. britain and france have announced an agreement to double the number of police officers patrolling beaches in northern france to stop migrants attempting to reach the uk in small boats. under the deal the uk will contribute around £28 million, towards a series of preventative measures. our correspondent, simonjones, gave us more details about the agreement. so far this month, around 700 migrants have succeeded in reaching the uk by boat. the total for this year is around 8,000 people. that is a big increase on the whole of last year, and about four times more so far this year. priti patel, the home secretary, has been under pressure, not least from her own conservative mps, to get to grips with this issue. she has held a virtual meeting with her french counterpart, and agreed a series of measures that britain will pay for. the chie
statement, arcadia said the forced closure of its stores during the pandemic had had a material impact on trading across its businesses. if the administration process does kick off on monday, the group'sland and ireland, and a buyer will be sought. the question then is if buyers can be found for arcadia's brands, and who they might be. katy austin, bbc news. britain and france have announced an agreement to double the number of police officers patrolling beaches in northern france to stop...
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Nov 28, 2020
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statement, arcadia said the forced closure of its stores during the pandemic had had a material impact on trading across its businesses. if the administration process does kick off on monday, the groups when they're allowed to reopen in england and ireland, and a buyer will be sought. the question then is if buyers can be found for arcadia's brands, and who they might be. katy austin, bbc news. the european union and the uk have resumed brexit trade talks, with just five weeks to go until the transition period ends. the eu's chief negotiatior, michel barnier, has travelled to london for talks with his british counterpart, david frost. it is the first time they have met face—to—face since mr barnier went into self—isolation after a member of his team caught coronavirus. the two sides are still at odds over fishing, fair competition — including state aid — and over how disputes will be settled. the snp has pledged to extend free school meals in scotland to provide breakfasts and lunches for all primary pupils. speaking at the party's conference, which is being held virtually, the deputy first minsterjohn swinney said if the party retained power after the holyrood elections it would exp
statement, arcadia said the forced closure of its stores during the pandemic had had a material impact on trading across its businesses. if the administration process does kick off on monday, the groups when they're allowed to reopen in england and ireland, and a buyer will be sought. the question then is if buyers can be found for arcadia's brands, and who they might be. katy austin, bbc news. the european union and the uk have resumed brexit trade talks, with just five weeks to go until the...
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Nov 28, 2020
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street‘s biggest retailers, arcadia, are waiting to hear if theirjobs are safe, with the company described as on the brink of collapse. administrators could be appointed to the group as topshop, dorothy perkins and burton, as early as monday. in a statement, arcadia say they're working on a number of contingency options to secure the future of their brands. earlier, i spoke to retail consultant richard myman, who says this has been on the cards for some time. businesses of this size don't go from being very successful to being on the brink of going over the edge ina on the brink of going over the edge in a matter of a few weeks. it has been a slow burn. so not a surprise. talk me through the main factors behind the problems being faced by arcadia. the main factors are many and complex, and they range from the fa ct and complex, and they range from the fact that when philip green bought this group around 20 years ago, aside from the topshop brand, the other brands had already peaked. so they were in a long—term decline already. that has been a problem. another problem is that philip's style of business has been to run his businesses for cash, which means taking a p
street‘s biggest retailers, arcadia, are waiting to hear if theirjobs are safe, with the company described as on the brink of collapse. administrators could be appointed to the group as topshop, dorothy perkins and burton, as early as monday. in a statement, arcadia say they're working on a number of contingency options to secure the future of their brands. earlier, i spoke to retail consultant richard myman, who says this has been on the cards for some time. businesses of this size don't go...
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Nov 30, 2020
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is reconsidering after the collapse of arcadia group which sells many fashion groups in debenhams stores >> med tropics is in advanced talks to be bought by siltronic. a deal could be agreed as soon as next month. together the two companies would make up the world's second largest manufacturer of silicon wafers from which computer chips are made >>> the deal could be announced as early as today and would be the largest tie-up this year, bringing together two of wall street's biggest data providers. >> banking news, abn amro will consider paying out its 2019 dividends at the end of 2020, depending on the ecb's recommendation at that time. the dutch lender is targeting a return on equity of 18%. speaking with clifford abrams, said even with a vaccine breakthrough, low interest rates will continue to weigh on the lender in the near term. >> the vaccine isn't when it gets rolled out, it should improve confidence and you'll see increase in demand for loans, which will support our income line. i think we need to balance that against the very low interest rate environment over the last few year
is reconsidering after the collapse of arcadia group which sells many fashion groups in debenhams stores >> med tropics is in advanced talks to be bought by siltronic. a deal could be agreed as soon as next month. together the two companies would make up the world's second largest manufacturer of silicon wafers from which computer chips are made >>> the deal could be announced as early as today and would be the largest tie-up this year, bringing together two of wall street's...
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Nov 30, 2020
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arcadia, the retail giant owned by sir philip green, has gone into administration. the group to dorothy perkins and miss selfridge. it puts 13,000 jobs at risk. no redundancies are being announced immediately and stores will continue to trade. the group had been seeking a last—minute rescue deal to help it plug the gap from lost sales during the pandemic. lets go to our business reporter ben thompson. 0h, oh, dear, this is awful, just before christmas as well. you know, it wasn't performing well even before the pandemic, was age? no, a lot of scathing criticism, christian, that this was an analogue retailer in the digital world. a lot of criticism that service so you excerpt philip green, the boss at arcadia, had failed to invest in this business over the last decade, and the likes of boo—hoo over the last decade, and the likes of boo— hoo and over the last decade, and the likes of boo—hoo and online retailers really stealing its customers. of course, big questions about what happens next. arcadia says it will continue to run these stories, even though it's in administration.
arcadia, the retail giant owned by sir philip green, has gone into administration. the group to dorothy perkins and miss selfridge. it puts 13,000 jobs at risk. no redundancies are being announced immediately and stores will continue to trade. the group had been seeking a last—minute rescue deal to help it plug the gap from lost sales during the pandemic. lets go to our business reporter ben thompson. 0h, oh, dear, this is awful, just before christmas as well. you know, it wasn't performing...
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Nov 28, 2020
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a worrying weekend for 13,000 workers at some of the uk's biggest retail names — arcadia, the group that is on the brink of collapse.
a worrying weekend for 13,000 workers at some of the uk's biggest retail names — arcadia, the group that is on the brink of collapse.
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Nov 29, 2020
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mike ashley's fresia group has written to arcadia to say they could provide a £50 million loan to keep, let alone excepted. arcadia would be the biggest retail colla pse we arcadia would be the biggest retail collapse we have seen during this pandemic, although its problems have been going on for much longer than that, and it could have other implications as well. debenhams, which employs 12,000 people, is in administration at the moment. jd sports has been closing in on a deal to buy it but a source close tojd sports said they would have more to think about if arcadia, which is debenhams's biggest concession holder, does go into administration. thank you, katie. 110 ten civilians have been killed in an attack by suspected islamist militants in the nigerian state of borno. the un says farm workers were targeted near the city of maiduguri. they're said to have been harvesting rice, when they came under attack from armed men. a fresh inquest opens tomorrow into the death of ella adoo—kissi—debrah, who was nine when he suffered a fatal asthma attack in 2013. of ella adoo—kissi—debrah, who
mike ashley's fresia group has written to arcadia to say they could provide a £50 million loan to keep, let alone excepted. arcadia would be the biggest retail colla pse we arcadia would be the biggest retail collapse we have seen during this pandemic, although its problems have been going on for much longer than that, and it could have other implications as well. debenhams, which employs 12,000 people, is in administration at the moment. jd sports has been closing in on a deal to buy it but a...
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Nov 30, 2020
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cases drop by a third since the beginning of the month. 13,000 jobs at risk as the british retail group arcadia
cases drop by a third since the beginning of the month. 13,000 jobs at risk as the british retail group arcadia
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Nov 30, 2020
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the arcadia group has more than 500 stores, employing 13,000 people.r 250 shops and concessions in 170 towns and cities across the uk. senior sources at the company told the bbc they do not expect a last—minute rescue deal. the offer of a £50 million loan from mike ashley's frasers group has reportedly been dismissed. there is also the added uncertainty for thousands of arcadia staff, as there is an estimated £350 million hole in the company's pension fund. the bbc understands he is currently on his superyacht, lionheart, which is docked in monaco's harbour. he has so far declined requests for an interview. greg mckenzie, bbc news. 0ur reporter chris bockman is in monaco, where philip green is living. what's happening there? indeed, about 300 metres from me you can see some very big yachts and one of them is the lionheart, and i believe sir philip green is there right now. i came here last night and the lights we re came here last night and the lights were burning on the yacht until late that evening. he hasn't left, the boat is here, and we think he i
the arcadia group has more than 500 stores, employing 13,000 people.r 250 shops and concessions in 170 towns and cities across the uk. senior sources at the company told the bbc they do not expect a last—minute rescue deal. the offer of a £50 million loan from mike ashley's frasers group has reportedly been dismissed. there is also the added uncertainty for thousands of arcadia staff, as there is an estimated £350 million hole in the company's pension fund. the bbc understands he is...
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Nov 30, 2020
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sir philip green's retail empire arcadia, which includes topshop, burton and dorothy perkins, could face collapse within hours. it would put 13,000 jobs at risk. the group the gap from lost sales during the pandemic. adding to the uncertainty facing arcadia staff is an estimated 350 million pound hole in the company's pension fund which has 10,000 members. lets go to our business editor simon jack who's outside topshop in central london, a last—minute rescue deal is not looking likely... ido i do not think there is any prospect of that in the next couple of hours when we expect it to collapse as you say into administration. the truth is this is a crisis here is the crisis years in the making. 0nce is this is a crisis here is the crisis years in the making. once the beating heart of fashion retail in the uk it has failed to adapt to this big structural shift to online retail, nimble arrivals have stolen its customers and that gave it underlying health issues leaving it vulnerable to the brutal onslaught of the pandemic. as you say 13,000 employees face an uncertain future, 450 stores, 350 concessions within stores. it is expected that stores will be open
sir philip green's retail empire arcadia, which includes topshop, burton and dorothy perkins, could face collapse within hours. it would put 13,000 jobs at risk. the group the gap from lost sales during the pandemic. adding to the uncertainty facing arcadia staff is an estimated 350 million pound hole in the company's pension fund which has 10,000 members. lets go to our business editor simon jack who's outside topshop in central london, a last—minute rescue deal is not looking likely... ido...
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Nov 30, 2020
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here in the u.k., a major fashion retail group, arcadia has just gone into administration threatening 13000 jobs. it's the country's biggest corporate casualty of the pandemic so far elsewhere in the country. though a large scale study shows new infections a fall in 30 percent during england's 4 week national lockdown. now a mass testing operation is checking thousands of university students before they head home for the winter break. john hall is at a university testing center in leicester prolific virus spreaders in the autumn students across england and wales are now being tested on mass before heading home for christmas. in september, when students return from the summer break, tens of thousands were forced to isolate, often in cramped halls of residence. learning went online and many questioned what they were paying fees for help here. and i like the whole situation because we were so unaware of what was going on. so it's nice that we can now regularly check whether we're all like a large home bed. and i'm going to have a very specified time for anything i make sure all fairy tal
here in the u.k., a major fashion retail group, arcadia has just gone into administration threatening 13000 jobs. it's the country's biggest corporate casualty of the pandemic so far elsewhere in the country. though a large scale study shows new infections a fall in 30 percent during england's 4 week national lockdown. now a mass testing operation is checking thousands of university students before they head home for the winter break. john hall is at a university testing center in leicester...
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Nov 30, 2020
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brief is a tradition that goes back decades. 13 thousand jobs are at risk in britain as the retail group arcadia — which owns topshop goes into administration. it's hired administrators after the pandemic "severely impacted" sales. the french government says it's dropping a draft law that would ban filming of police officers, and plans to rewrite the bill. tens of thousands of people across france marched against the proposed law on saturday. hello and welcome to our look ahead to what the the papers will be bringing us tomorrow. with me are are the broadcaster, daisy mcandrew, and the politics reporter at bloomberg, joe mayes. tomorrow's front pages, starting with. .. ‘tory rebels head for showdown with pm' reads the front page of the i — ahead of tomorrow's commons vote on new tier system restrictions for england, as the country emerges from lockdown on wednesday. up to 100 conservative backbenchers could vote against the government. the telegraph describes the revolt in the conservative party as a ‘blow tojohnson‘s covid plan', with mps demanding more details on the economic impact of new res
brief is a tradition that goes back decades. 13 thousand jobs are at risk in britain as the retail group arcadia — which owns topshop goes into administration. it's hired administrators after the pandemic "severely impacted" sales. the french government says it's dropping a draft law that would ban filming of police officers, and plans to rewrite the bill. tens of thousands of people across france marched against the proposed law on saturday. hello and welcome to our look ahead to...
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Nov 28, 2020
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statement, arcadia said the forced closure of its stores during the pandemic had had a material impact on trading across its businesses. if the administration process does kick—off on monday, the group's reopen in england and ireland, and a buyer will be sought. the question then is if buyers can be found for arcadia's brands, and who they might be. katy austin, bbc news. face—to—face talks have resumed in london to reach agreement on a brexit deal between the eu and the uk. the eu's chief brexit negotiator michel barnier said deep divisions remain. borisjohnson has also spoken to the irish prime minister and underlined his commitment to reaching an agreement, which respects the uk's sovereignty. the number of coronavirus cases recorded in the united states has passed 13 million, as the pandemic continues to surge. nearly 265,000 americans have died with covid—19. around 90,000 are in hospital. a further spike in the infection rate is expected, as millions have travelled for the thanksgiving weekend despite public health warnings to stay at home. 0ur north america correspondent david willis reports. in the worst affected nation on earth, coronavirus cases are growing at an alarming ra
statement, arcadia said the forced closure of its stores during the pandemic had had a material impact on trading across its businesses. if the administration process does kick—off on monday, the group's reopen in england and ireland, and a buyer will be sought. the question then is if buyers can be found for arcadia's brands, and who they might be. katy austin, bbc news. face—to—face talks have resumed in london to reach agreement on a brexit deal between the eu and the uk. the eu's...