Arcadia - the retail giant behind high street favourites like Topshop, Miss Selfridge and Dorothy Perkins - has reported a fall in annual profits of 38% (around £81.5 million) meaning we can expect to lose up to 260 of the group's stores over the next few years.
Topshop parent company Arcadia set to close up to 260 stores after dip in profits
Topshop Parent Company Arcadia Set To Close Up To 260 Stores After Dip In Profits