{"id":161634,"date":"2019-06-06T15:49:42","date_gmt":"2019-06-06T15:49:42","guid":{"rendered":"https:\/\/theindustry.beauty\/landlords-turn-screw-on-philip-green-over-arcadias-plans-to-slash-rents\/"},"modified":"2021-08-12T14:01:30","modified_gmt":"2021-08-12T14:01:30","slug":"landlords-turn-screw-on-philip-green-over-arcadias-plans-to-slash-rents","status":"publish","type":"post","link":"https:\/\/theindustry.beauty\/landlords-turn-screw-on-philip-green-over-arcadias-plans-to-slash-rents\/","title":{"rendered":"Landlords turn screw on Philip Green over Arcadia\u2019s plans to slash rents"},"content":{"rendered":"<p>Retail mogul Sir Philip Green will <strong>drastically have to re-think a rescue plan for his\u00a0Arcadia\u00a0fashion empire<\/strong> if the Topshop parent wants to avoid collapsing into administration, angry landlords warned on Thursday.<\/p>\n<p><!--more--><\/p>\n<p>The future of Green\u2019s Arcadia business is hanging in the balance after a delayed vote on a plan to shut 23 shops and get rent cuts of between 30% and 70% at 194 of its remaining 543 sites. Landlords would get a 20% stake in the retailer.<\/p>\n<p>Read the full article at the<a href=\"https:\/\/www.standard.co.uk\/business\/landlords-turn-screw-on-philip-green-over-arcadia-s-plans-to-slash-rents-a4161031.html\" target=\"_blank\" rel=\"noopener noreferrer\"><em> Evening Standard<\/em><\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u2026 <a href=\"https:\/\/theindustry.beauty\/landlords-turn-screw-on-philip-green-over-arcadias-plans-to-slash-rents\/\">...<\/a><\/p>\n","protected":false},"author":51,"featured_media":134659,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[6],"tags":[11120,11996,10267,9665],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Landlords turn screw on Philip Green over Arcadia\u2019s plans to slash rents - 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