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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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dorothy Perkins
Dorothy Perkins is an online British women's fashion brand based in the United Kingdom. Formerly a store chain, it sold both its own range of clothes and branded fashion goods until February 2021, when it became part of Boohoo.com, having been acquired after the collapse of Philip Green's fashion empire Arcadia Group. History Founded in 1909 under the name H. P. Newman, the company changed its trading name to Dorothy Perkins in 1919. In the 1960s, Dorothy Perkins was controlled by the Farmer family, who used to own Winster Hosiery. Staff in the branches could expect regular visits from Alan Farmer, whose picture was printed in a booklet handed to new employees. Best known for its lingerie, tights, and sleepwear collections, its other clothes had difficulty competing with the more trendy Lewis Separates, now owned by River Island Clothing Company Ltd, and Peter Robinson. In the late 1960s, Dorothy Perkins co-funded Biba's expansion into a large boutique on Kensington High S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bricks-and-mortar
Brick and mortar (also bricks and mortar or B&M) refers to a physical presence of an organization or business in a building or other structure. The term ''brick-and-mortar business'' is often used to refer to a company that possesses or leases retail shops, factory production facilities, or warehouses for its operations. More specifically, in the jargon of e-commerce businesses in the 2000s, brick-and-mortar businesses are companies that have a physical presence (e.g., a retail shop in a building) and offer face-to-face customer experiences. This term is usually used to contrast with a transitory business or an Internet-only presence, such as fully online shops, which have no physical presence for shoppers to visit, talk with staff in person, touch and handle products and buy from the firm in person. However, such online businesses normally have non-public physical facilities from which they either run business operations (e.g., the company headquarters and back office facilitie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Administration In United Kingdom Law
Administration in United Kingdom law is the main kind of procedure in UK insolvency law when a company is unable to pay its debts. The management of the company is usually replaced by an insolvency practitioner whose statutory duty is to rescue the company, save the business, or get the best result possible. It is the equivalent of Chapter 11, Title 11, United States Code, although with significant differences. While creditors with a security interest over all a company's assets could control the procedure previously through receivership, the Enterprise Act 2002 made administration the main procedure. History The Insolvency Act 1986, Schedule B1 contains the procedure for a company entering administration, as updated by the Enterprise Act 2002. It was first introduced following the Cork Report's priorities for transparency, accountability and collectivity and, crucially, fostering a rescue culture for business. Appointment In general the conditions for a court to grant an admin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Richard Caring
Richard Allan Caring (born 4 June 1948) is a British businessman. He initially built a business, International Clothing Designs, supplying Hong Kong-manufactured fashion to UK retailers. After surviving the 2004 Indian Ocean earthquake, he diversified his business interest into restaurants and nightclubs and is the chairman of Caprice Holdings, which owns and runs The Ivy chain of restaurants. According to the Sunday Times Rich List in 2021, Caring's net worth is estimated to be £1.005 billion. Early life Caring was born on 4 June 1948, the middle child of three born to Louis Caringi, an Italian-American GI, stationed in London during World War II, and Sylvia Parnes, a Jewish-immigrant nurse who met him in the ambulance on his way to hospital, and cared for him during his recovery. After deciding to stay in London after the war, the couple married. Louis Caringi anglicized his surname to Caring, and set up in the clothing industry in offices off Great Portland Street; Lo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Frank Field (British Politician)
Frank Ernest Field, Baron Field of Birkenhead, (born 16 July 1942) is a British politician who was the Member of Parliament (MP) for Birkenhead for 40 years, from 1979 to 2019, serving as a Labour MP until August 2018 and thereafter as an Independent. In 2019, he formed the Birkenhead Social Justice Party and stood unsuccessfully as its sole candidate in the 2019 election. After leaving the House of Commons he was awarded a life peerage in 2020 and sits in the House of Lords as a crossbencher. From 1997 to 1998, Field served as the Minister of Welfare Reform in Tony Blair's government. Field resigned following differences with the Prime Minister; as a backbencher he soon became one of the Labour government's most vocal critics. Field was elected Chair of the Work and Pensions Select Committee in June 2015. Following the 2017 general election he was re-elected unopposed. In August 2018, Field resigned the Labour whip citing antisemitism in the party, as well as a "culture o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dominic Chappell
Dominic Joseph Andrew Chappell (born 28 November 1966) is a failed British businessman who has been declared bankrupt on three occasions and was convicted for tax evasion. In 2015, his company, Retail Acquisitions Ltd, purchased the now collapsed retail chain British Home Stores from Philip Green for just £1 GBP together with a £10,000,000 equity injection into BHS Group Ltd. 13 months later the company was placed into administration resulting in the closure of 164 stores and the loss of 11,000 jobs. Biography Chappell was born in Sunbury-on-Thames, Surrey in 1966. He was educated at Millfield School in Somerset. Chappell competed as a racing driver from 1986 to 1999, including races in British Formula Ford 2000, and British F3 in 1990, finishing runner-up in the Class B Championship and British Formula 3000. In 1993 Dominic Chappell and his British F2 team named ''Apache'' contested the final rounds of International Formula 3000 using the rights of team ''Cobra'' without scorin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tina Green
Cristina Stuart Green, Lady Green (, formerly Palos; born August 1949), known as Tina Green, is an English businesswoman and interior designer. Green is the director of Taveta, the majority owner of Taveta Investments Ltd, the parent company of the Arcadia Group, of which her husband, Sir Philip Green, is chairman. The Arcadia Group owned the clothing retail chains Topshop and Topman, as well as Burton, Dorothy Perkins, Evans, Miss Selfridge, Outfit, and Wallis. Taveta owned British Homes Stores (BHS) before its 2015 sale. BHS was placed into administration in 2016, and the Arcadia Group was placed into administration in 2020. Green formed the interior design company Green & Mingarelli with the Italian designer Pietro Mingarelli. Green was the recipient of a £1.2 billion dividend payment from the Arcadia Group in 2005, a record payment in British corporate history. In 2005 ''The Times'' stated that she was "for tax reasons the legal owner" of her and her husband's estimat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Department Store
A department store is a retail establishment offering a wide range of consumer goods in different areas of the store, each area ("department") specializing in a product category. In modern major cities, the department store made a dramatic appearance in the middle of the 19th century, and permanently reshaped shopping habits, and the definition of service and luxury. Similar developments were under way in London (with Whiteleys), in Paris (Le Bon Marché) and in New York ( Stewart's). Today, departments often include the following: clothing, cosmetics, do it yourself, furniture, gardening, hardware, home appliances, houseware, paint, sporting goods, toiletries, and toys. Additionally, other lines of products such as food, books, jewellery, electronics, stationery, photographic equipment, baby products, and products for pets are sometimes included. Customers generally check out near the front of the store in discount department stores, while high-end traditional department sto ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Warehouse (clothing)
Warehouse was a British clothing retail chain, founded in 1976. Warehouse was owned by Aurora Fashions, as were women's fashion brands Coast and Oasis. In November 2016, the administrator for Aurora Fashions, Kaupthing Bank, placed the retailers up for a £100 million sale. On 16 April 2020, it was announced that both Warehouse and Oasis had fallen into administration. On 30 April 2020, it was announced that administrators had failed to find a buyer with the loss of 1,800 jobs. In June 2020, the Warehouse brand, assets and stock, along with those of the Oasis chain, were acquired by online retailer Boohoo, reuniting Warehouse with former sibling Coast, acquired by Boohoo as part of a separate takeover of the Karen Millen Karen Millen is a British online women's clothing retailer specialising in tailoring, coats and evening wear. Formerly a high street chain with stores throughout the United Kingdom, United States, Indonesia, Austria, Denmark, Russia, the Republ ... Group ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Evans (clothing Retailer)
Evans is a women's clothing retailer located in the United Kingdom and around the world. It sells plus-size clothing, lingerie, wide-fitting shoes, swimwear and accessories. Timeline * Evans was founded in 1930 by the manufacturer Jack Green. * After 40 years as a limited company, the Burton Group (later Arcadia Group) acquired Evans and it became a public company. * Mail order purchases were introduced in 1972, just after Evans had expanded to over 77 branches nationwide. * In 1988, Evans became the market leader in womenswear above a UK size 14. * In 1994, the first Evans brochure featured in ''Good Housekeeping'' and ''Prima'' magazines, consisting of just 12 pages. * In 1997, Evans launched SeVen, a more fashion-led label for the younger customers and also became the first Arcadia brand to start selling online. * In 1998, Helen Teague and her comedian partner Dawn French launched the 1647 range, exclusively designed for Evans. * In 2007, Crystal Renn became the offi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Debenhams
Debenhams plc was a British department store chain operating in the United Kingdom, Denmark and the Republic of Ireland. It was founded in 1778 as a single store in London and grew to 178 locations across those countries, also owning the Danish department store chain Magasin du Nord. In its final years, its headquarters were within the premises of its flagship store in Oxford Street, London. The range of goods sold included middle-to-high-end clothing, beauty, household items, and furniture. The company suffered financial difficulties in the 21st century and entered administration twice, in April 2019 and April 2020. In November 2020, Debenhams' main concession operator Arcadia also entered administration, leading to the collapse of talks with JD Sports and Frasers Group over a potential rescue. As a result, Debenhams announced it would be liquidated. The Debenhams brand and website were purchased by the online retailer Boohoo for £55m in January 2021. However, Boohoo did not ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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