You can unsubscribe at any time. More info. Arcadia stores such as Topshop and Burton are continuing to trade as Deloitte weighs up the options available to Arcadia. Where does this leave shoppers in the meantime, can I still use my Topshop or Burton vouchers? It is thought that more than 10 buyers are lining up to buy Topshop, including Boohoo and Sports Direct.
Full list. Arcadia, which has stores in the UK and 22 overseas, has said that 9, employees are still on furlough. Regular Savings Calculator Small regular contributions can build up nicely over time.
Online Savings Calculator Work out how your online savings can build over time. Protecting family wealth: 10 tips for cutting inheritance tax Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families.
But th Money Tips of the Week. Related: Your Mortgage B2Lonline. Of course, the physical stores are all closed currently because of lockdown anyway, but this deal does mean they will not reopen since lockdown will still be in place after the Asos deal completes this week.
Asos is among the top five online retail stores selling clothes and shoes in the UK, with over brands currently available on their website.
Buying Topshop was always within the realm of possibility for a brand like Asos, with chief executive Nick Beighton telling the press: 'The acquisition of these iconic British brands is a hugely exciting moment for Asos and our customers and will help accelerate our multi-brand platform strategy.
Hoping to make Asos, 'the number one destination for fashion-loving somethings throughout the world', Beighton told journalists the the deal 'makes perfect sense for us on every level.
Previously, it was thought administrator Deloitte would have a tough job on its hands. Administrators are brought into to give a business in trouble breathing space from creditors - such as landlords for its shops or clothing suppliers - while a buyer is sought for all or parts of the company. This process can take up to a year, with Acardia executives still able to handle day-to-day control over the business. However, this deal has been done swiftly, with only two months between the announcement of Topshop closing and Asos buying Topshop.
In December, Arcadia Group stated that while they continued to trade as normal, returns are still allowed as normal. Since this deal with not be complete until the 4th February, Arcadia will still be in control of day to day runnings until then. According to Money Saving Expert, customers are advised to return items as soon as possible as historically, when companies go into administration there can be issues with how returns and refunds are processed.
That being said, when a company goes into administration they are within their rights to stop accepting gift cards so experts advise spending them as soon as you can. White House eyes new climate change strategies in Biden bill. Japan's Princess Mako finally marries university sweetheart Kei Komuro. Katy Perry covers The Beatles for Gap's holiday campaign. Scots football club folds after 'disgusting' online taunts about teen's death. The Etsy shop selling cool, sustainable home accessories using cork.
Always at the forefront of UK high street fashion Topshop is a firm favourite of millions of British shoppers. If your business or organisation is targeting a younger female audience, then Arcadia Vouchers for Topshop are an ideal sales promotion tool. They also make excellent academic prizes and staff rewards. You can be sure that an Arcadia Voucher for Topshop will be appreciated and used to buy this seasons on trend item.
The Arcadia Group is a multinational fashion retailing company made up of eight major high street brands including Topshop. With over outlets the Arcadia Group is one of the largest retail companies in the UK.
Arcadia Vouchers can be used in all Arcadia stores across the group. If you're a non-UK resident looking to buy gifts for a friend or relative in the UK, you can choose from our range of gift vouchers and gift cards and have them delivered direct.
This includes a free personalised greetings card, so the recipient knows who to thank. Calls to numbers will cost 7p per minute plus your phone company access charge.
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