Topshop owner Arcadia falls into administration, putting more than 13,000 jobs at risk. It's the UK's biggest corporate casualty of the COVID-19 crisis so far.

Credit: Business Insider- Published on December 1, 2020
Philip Green's Arcadia has not announced any redundancies. Administrators Deloitte is seeking buyers for the group's brands, including Topshop.

Video credit: Reuters Studio
Published on December 1, 2020 -  01:20
Arcadia retail group collapses into administration
British tycoon Philip Green's Arcadia fashion group has collapsed into administration. Thirteen thousand jobs are now at risk in what is the UK's biggest corporate failure of the global health crisis. Flora Bradley-Watson reports.

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