UPDATE 1-Philip Green’s Arcadia avoids collapse as creditors back deal
Creditors of Philip Green’s
Topshop-to-Dorothy Perkins fashion empire on Wednesday approved
the struggling British retailer’s sweetened restructuring plan,
enabling the business, which employs 18,000, to stave off a
collapse into administration.
Topshop-to-Dorothy Perkins fashion empire on Wednesday approved
the struggling British retailer’s sweetened restructuring plan,
enabling the business, which employs 18,000, to stave off a
collapse into administration.
Posted by Reuters
