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British Retailing Giant Collapses Without Deal in Hand

Future of Topshop and Topman Brands at Nordstrom Stores Clouded by Filing

The Topshop Topman store in Chicago was a popular fast-fashion destination on Michigan Avenue before all its U.S. stores closed in 2019. (Getty)
The Topshop Topman store in Chicago was a popular fast-fashion destination on Michigan Avenue before all its U.S. stores closed in 2019. (Getty)

British retailing giant Arcadia Group, home to fast-fashion brands Topshop and Topman, formally filed to seek protection from creditors, unable to stave off collapse as the pandemic took its toll on the United Kingdom's major shopping corridors.

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