Arcadia currently operates some 570 standalone stores in the UK and Republic of Ireland across its various fascias including Topshop, Topman, Dorothy Perkins, Burton, Wallis, Evans and Miss Selfridge.
As part of a series of CVAs agreed with creditors today, some 23 stores have been earmarked for closure, with a further 25 Miss Selfridge and Evans stores set to close via a separate restructuring procedure. In addition all of its stores in the US will be closed.
There is speculation that Arcadia may consider further closures and during what was a white-knuckle ride of day when it was far from clear that the deal would be voted through, the retailer was reported to have suggested that it could survive with a store-count in the 300s.
For now, though, these are the stores confirmed to be on the proposed closure list and it has also been reported that the Miss Selfridge flagship on Oxford Street will be vacated with the brand taking space in the neighbouring Topshop store.
UK Arcadia Group closures:
– Aberdeen (Dorothy Perkins and Burton)
– Ashton-under-Lyne (Topshop and Topman)
– Bedford (Topshop and Topman)
– Bluewater, Kent (Miss Selfridge)
– Cheshunt (Outfit)
– Fareham (Topshop and Topman)
– Glasgow, Buchanan Street (Burton and Topman)
– Luton (Topshop and Topman)
– Newcastle, Northumberland Street (Outfit)
– Nuneaton (Topshop and Topman)
– Reading (Dorothy Perkins and Burton)
– Salisbury (Topshop and Topman)
– Southend (Miss Selfridge)
– Stirling (Dorothy Perkins and Burton)
– Swindon (Miss Selfridge, Wallis, Evans)
– Swindon (Dorothy Perkins and Burton)
– York (Dorothy Perkins and Burton)
– Cork (Dorothy Perkins and Evans)
– Dublin, St Stephen’s Green (Topshop and Miss Selfridge)
– Dublin, Jervis (Topshop and Topman)
– Dublin, Henry Street (Evans and Wallis)
– Dublin, Liffey Valley (Wallis)
– Galway (Miss Selfridge)
All of the retailer’s 11 Topman and Topshop stores in the US are also set to close.