FASHION RETAIL NEWS UK
Arcadia to cut 500 head office roles
2 July, 2020 | by Angela Beevers
Arcadia is to carry out a restructuring of its head office function and cut 500 of its 2,500 job roles.
The owner of Topshop and Dorothy Perkins said the move was necessary to ensure that the group could operate as efficiently as possible in light of the ongoing coronavirus crisis.
The company said: “Due to the impact of Covid-19 on our business including the closure for three months of all our stores, we have informed staff of the need to restructure our head offices.”
Arcadia furloughed 14,500 of its 16,000 staff during the lockdown period.
The group’s other retail brands include Topman, Burton, Evans, Miss Selfridge, Outfit and Wallis.