长沙USDT高效交易|【唯一TG:@heimifeng8】|飞机盗号软件API破解技术✨谷歌搜索留痕排名,史上最强SEO技术,20年谷歌SEO经验大佬✨Philip Green's Arcadia sweetens restructuring plan for landlords

Philip Green's Arcadia sweetens restructuring plan for landlordsBy
Reuters Published
June 7,长沙USDT高效交易 2025

Philip Green's Arcadia on Friday improved the terms of his restructuring plan for the struggling fashion retailer, which he needs creditors to approve to prevent the group, which employs 18,000, collapsing into administration.


Photo: Topshop
Photo: Topshop



On Wednesday a key meeting of creditors held to vote on Green's plan was adjourned until June 12 after several landlords declined to back it.

In an attempt to win over the landlords Arcadia has now proposed a rental reduction of between 25% and 50% for all affected landlords across seven Company Voluntary Arrangements (CVAs) versus cuts of 30% to 70% previously.

It said the cost of the change - 9.5 million pounds in the first year - will be entirely funded by Tina Green, Philip Green's wife and the ultimate owner of Arcadia.


 

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