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TOPSHOP (originally Top Shop) is a British fast-fashion company, which specialises in women's clothing, shoes and accessories. It was part of the Arcadia Group , controlled by Sir Philip Green , but went into administration in late 2020 before being purchased by ASOS on 1 February 2021.
Chapter 7 of Title 11 U.S. Code is the bankruptcy code that governs the process of liquidation under the bankruptcy laws of the U.S. In contrast to bankruptcy under Chapter 11 and Chapter 13, which govern the process of reorganization of a debtor, Chapter 7 bankruptcy is the most common form of bankruptcy in the U.S. [1]
Originally, bankruptcy in the United States, as nearly all matters directly concerning individual citizens, was a subject of state law. However, there were several short-lived federal bankruptcy laws before the Act of 1898: the Bankruptcy Act of 1800, [3] which was repealed in 1803; the Act of 1841, [4] which was repealed in 1843; and the Act of 1867, [5] which was amended in 1874 [6] and ...
2002: Philip Green buys Arcadia Group, which owns chains Miss Selfridge, Dorothy Perkins, Burton, Topshop and Topman, for 850 million pounds and transfers ownership to his wife Tina Green, who’s ...
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Sir Ralph Mark Halpern (24 October 1938 – 10 August 2022) was a British businessman, who was the founder of Topshop and chief executive officer (CEO) of the Burton Group from 1979 to 1991. Early life
Nordstrom has acquired a minority interest in the Topshop, Topman, Miss Selfridge and HIIT brands owned by Asos, the London-based fashion website. It’s an unusual type of partnership ...
Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor.