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Retail

Debenhams and Arcadia Group could soon be under American ownership

Authentic Brands, the parent company that bought Barneys and Forever 21 when they collapsed into bankruptcy, is eyeing British fashion giants Arcadia Group and Debenhams. A report by the Telegraph said the American retail giant is in discussions with both administrators, which sees the UK businesses continue to trade despite the risk of 25,000...

14 Dec 2020