Sir Philip Green is reported to be lining up a sale of Arcadia, which owns a host of high street brands – MPs have demanded reassurances over pension scheme
MPs have pressured The Pensions Regulator to reveal discussions it has had with Arcadia following reports that the Topshop owner could be sold to Chinese textile giant, Shandong Ruyi.
Sir Philip Green’s Arcadia owns a host of well-known high street names including Dorothy Perkins, Burton Menswear, Miss Selfridge, Evans and Wallis.