Topshop, Dorothy Perkins and Burton homeowners go into administration – your rights
Can I go back anyway?
In the past, there have sometimes been issues with returns and refunds processing when business goes under administration.
The Arcadia Group plans to continue trading as usual and includes allowing customers to earn returns as normal for the time being.
Whenever you have something that you want to give back, it's worth doing it ASAP – this is a good general rule in any case, but it's especially true here given the current uncertainty.
What does the Arcadia Group say?
Ian Grabiner, CEO of Arcadia, said: "This is an incredibly sad day for all of our colleagues, as well as our suppliers and our many other stakeholders. The impact of the Covid-19 pandemic, including the forced closure of our stores for extended periods, is having the." Strongly influenced trade with all of our brands.
"During this immensely challenging time, our priority has been to protect jobs and maintain the group's financial stability in the hope that we can overcome the pandemic and fight on the other side, but ultimately in the face of most." difficult trading conditions that we have ever experienced, the obstacles we encountered were far too severe. "
Matt Smith, Joint Administrator at Deloitte, said, "We will now work with the existing management team and broader stakeholders to evaluate all options that are available for the future of the Group's business. We intend to continue trading all brands and us look forward to welcoming customers back to the stores when many of them are allowed to reopen. "