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.
DIP Holding begins IPO subscription period with offer price range
DIP Holding, owner of Dubai Investments Park, has announced an offer price range between AED 1.10 and AED 1.15 per share, as it begins subscription period for its initial public offering (IPO) on the Dubai Financial Market (DFM) on Tuesday.
UAE capital markets reflect strong performance in first 9 months of 2026
The UAE financial markets have recorded strong performance during the first nine months of 2026, with number of companies licensed by Capital Market Authority rising 43 per cent and the combined market capitalisation of ADX and DFM touching AED 3.7 trillion.
UAE and Benin exchange CEPA in Abu Dhabi
The UAE and Benin exchanged a Comprehensive Economic Partnership Agreement on Sunday aimed at significantly expanding trade and investment between the two countries.
Dubai Customs refund applications rise to AED 6.9 billion in first half of 2026
Dubai Customs processed 1.36 million applications for customs deposit refunds in the first half of 2026, up 3.6 per cent from the same period last year.
ADNOC unlocks over AED 60 billion in UAE manufacturing opportunities
ADNOC announced on Sunday more than AED 60 billion in local manufacturing opportunities through to 2030, alongside changes to its procurement and supplier systems.
Dubai has approved a package of major urban, population and digital initiatives designed to support the emirate's long-term growth and further enhance the quality of life for residents.
Abu Dhabi Crown Prince His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan has discussed ways to strengthen UAE-Canada relations during an official visit to Canada.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has invited "citizens and residents, institutions and ministries, schools and universities, and households across all Emirates" to raise the UAE flag.
