Arcadia Group is looking at different ways to cut costs.
Their chairman Sir Philip Green says they're restructuring the retail empire which includes brands like Topshop and Miss Selfridge.
In a statement, the company said it was suffering "an exceptionally challenging retail market."
Experts say store closures and job cuts are likely.
UAE-Lebanon Business Forum drives new wave of partnerships
The UAE and Lebanon are strengthening economic ties, with a new business council and four agreements signed to boost trade, investment and private-sector cooperation.
Meta agrees to pay $18 billion to settle US lawsuits over social media addiction
Meta Platforms will pay up to $18 billion over the next decade and strictly limit how teenagers use Facebook and Instagram under an agreement with nearly all US states to resolve claims it designed those social media platforms to addict children.
DXB welcomes 31.5 million guests in H1 amid regional disruptions
Dubai International (DXB) has welcomed 31.5 million guests during the first six months of 2026 following one of the "most challenging operating environments" in the airport's history.
Apple to launch next iPhone on September 9 in first major event under new CEO
Apple is set to host its next launch event on September 9, where the company is expected to unveil its newest iPhone series and potentially its long-awaited foldable phone.
Dubai continues to lead global cities in cultural and creative FDI
Dubai has ranked first globally for the number of Greenfield foreign direct investment (FDI) projects in the cultural and creative industries for the fourth consecutive year.
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What is their mission and vision for Filipinas in Sharjah and across the other emirates?
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Pinoy Expat Corner
What are the rules and laws in the UAE regarding car modifications that every car owner should know?
