Associated British Foods joins line-up of Arcadia suitors

Primark is to extend and refurbish its store at Luton’s The Mall shopping centre.
The Primark Luton store will have have 35,500 square feet of retail space,
// Associated British Foods reportedly considering Arcadia bid
// Deloitte administrators set to receive firm offers for Sir Philip Green’s retail empire by end of this week

Primark owner Associated British Foods is reportedly considering a bid for a number of Arcadia Group’s fashion retail brands, according to The Sunday Times.

AB Foods is believed to be looking over an offer for a portion of Sir Philip Greens’ retail empire, joining a long line of potential suitors that includes Mike Ashley’s Frasers Group, Mahmud Kamani’s Boohoo Group, Marks & Spencer, Next, River Island and US firm Authentic Brands.

While there has been extensive talk around potentially interested parties, administrators from Deloitte are expected to receive firm offers by the end of this week.


Over the weekend Juicy Couture and Barneys owner Authentic Brands was linked to a double takeover deal for Arcadia Group and Debenhams.

City sources cited by The Telegraph said Authentic Brands was believed to have “deep pockets” and is considering a bid for both retailers.

Any developments at Arcadia Group would also impact administration talks for Debenhams, as it is the biggest operators of concessions in Debenhams’ stores.

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  1. If AB gets Topshop and Topman they find an easy way to sell online without affecting Primark. They can run the brands independently and once again Topshop and Topman may regain its title as Top because in the last ten years it hasn’t.

  2. Hope both Arcadia & Debenhams can be saved or 2021 will start of worse that 2020 ended…. that can’t be good for anyone, we desperately need some positivity in the world right now. A buy out of these 2 giants would be a great way to start.


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