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Topshop's exit from US hits upscale properties and triggers landlord legal challenge

CoStar News explores how Sir Philip Green's US Chapter 15 bankruptcy filing is playing out with landlords where CVAs do not exist
Topshop has stores in New York, Los Angeles, Atlanta, Las Vegas, San Diego, Chicago, Houston and Miami. Photo: iStock
Topshop has stores in New York, Los Angeles, Atlanta, Las Vegas, San Diego, Chicago, Houston and Miami. Photo: iStock
CoStar News
June 19, 2019 | 10:48 AM

Arcadia Group's plans to close all 11 of its US Top Shop stores as part of its contentious restructuring plans for its business has drawn a legal challenge from its US landlords. CoStar News US correspondent Lou Hirsh explores the reaction on the other side of the pond.

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News | Topshop's exit from US hits upscale properties and triggers landlord legal challenge