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.
Dubai Chambers discusses trade ties with Philippine First Lady
Dubai Chambers welcomed Louise Araneta-Marcos, First Lady of the Philippines, at its headquarters on Sunday to discuss ways to strengthen bilateral ties and deepen mutual cooperation.
IRENA Assembly opens in Abu Dhabi with focus on renewable energy growth
The 16th session of the Assembly of the International Renewable Energy Agency (IRENA), held under the theme “Powering Humanity: Renewable Energy for Shared Prosperity”, commenced on Sunday in Abu Dhabi.
Dubai Chamber of Digital Economy highlights emirate’s strength for content creators
Dubai Chamber of Digital Economy, one of the three chambers operating under the umbrella of Dubai Chambers, has highlighted Dubai’s advantages as a global destination for content creators and a leading hub for companies specialising in the production and development of digital content, at the 1 Billion Followers Summit.
Ambani's Reliance Jio considers 2.5% public offering in 2026 India IPO, sources say
Reliance Jio Platforms is considering an initial public offering this year that would float 2.5 per cent of the company, people familiar with the matter said, a move that could make it the country's largest-ever IPO worth more than $4 billion.
Abu Dhabi launches $2 billion 'Global Water Platform'
A $2 billion Abu Dhabi Global Water Platform has been launched to support the global water sector by strengthening water and food security in developing countries.
Dubai’s Roads and Transport Authority (RTA) opened phase one of the Hessa Street Development Project, extending from Al Khail Road to Sheikh Zayed Road over a length of 4.5 km.
The UAE Cybersecurity Council has warned artificial intelligence is making online fraud harder to detect, as criminals increasingly use advanced tools to create highly convincing scams.
Shopping malls and residential areas across Sharjah were affected by power cuts on Sunday, Sharjah Electricity and Water Authority (SEWA) has confirmed.
