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Philip Green Australia city Arcadia reports Fox Philip Green Australia city Arcadia

Evans saved from Arcadia collapse but closure of all stores puts jobs at risk

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dailyrecord.co.uk
dailyrecord.co.ukdailyrecord.co.uk:

Arcadia have struck a deal with an Australian company to buy its plus-size clothing brand Evans. Deloitte confirmed that City Chic will pay £23 million for the 90-year old brand, however, it will not buy its stores.

The deal, which is expected to close on Wednesday, will see Evans carved out from Sir Philip Green's retail empire. “Our vision has always been to lead a world of curves,” said Phil Ryan, CEO of City Chic Collective (CCC), who has over 15 years history in the plus-size women’s market.He continued: “From modern fashion to casual apparel, intimates and footwear, designing fashion for the curvy woman that fits and flatters, is all we do.“Evans is the perfect addition to the CCC family, I have been following Evans for a long time,.

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Australia city Arcadia Philip Green Phil Ryan reports Fox
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