The Arcadia Group
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The Arcadia Group
Arcadia Group Ltd (formerly Arcadia Group plc and, until 1998, Burton Group plc) was a British Multinational corporation, multinational retailing company headquartered in London, England. It was best known for being the previous parent company of British Home Stores (BHS), Burton (retailer), Burton, Dorothy Perkins, Debenhams, Evans (clothing retailer), Evans, Miss Selfridge, Topman, Topshop, Wallis (retailer), Wallis and Warehouse (clothing), Warehouse. At its peak, the group had more than 2,500 outlets in the UK, as well as concessions in UK department stores and several hundred franchises operated internationally. The company was majority owned by Taveta Investments, owned by Tina Green, wife of Sir Philip Green, chairman of the Arcadia Group. British Home Stores, BHS, also owned by Green, was integrated into Arcadia in 2009. In 2015 the then loss-making BHS was sold for £1 to Retail Acquisitions Ltd owned by Dominic Chappell. In 2019, on the bankruptcy of BHS, British MP F ...
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Private Company Limited By Shares
A private company limited by shares is a class of private limited company incorporated under the laws of England and Wales, Northern Ireland, Scotland, certain Commonwealth countries, and the Republic of Ireland. It has shareholders with limited liability and its shares may not be offered to the general public, unlike those of a public limited company. "Limited by shares" means that the liability of the shareholders to creditors of the company is limited to the capital originally invested, i.e. the nominal value of the shares and any premium paid in return for the issue of the shares by the company. A shareholder's personal assets are thus protected in the event of the company's insolvency, but any money invested in the company may be lost. A limited company may be "private" or "public". A private limited company's disclosure requirements are lighter, but its shares may not be offered to the general public and therefore cannot be traded on a public stock exchange. This is ...
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