Can Topshop and Arcadia Group Survive Misconduct Allegations and Massive Financial Loss?

Too many stores and too little focus on digital increase retailer's woes

In the world of U.K. retail, few names are as prominent as Arcadia Group, the parent company of Topshop, Dorothy Perkins, Miss Selfridge and Wallis, among others.

Arcadia’s apparel brands have long been mainstays of the British “high street,” a descriptor for the shops that populate U.K. towns’ main shopping drags, roughly the equivalent of American mall stores (think retailers that are ubiquitous, are affordable and cater to the masses).

Over the past two decades, Arcadia, which owns eight brands and operates 2,000 stores and has over 22,000 employees worldwide, has been one of the strongest players in the U.K.

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