Deadline looms for acquisition of Arcadia Group brand assets

Firms interested in acquiring the intellectual property assets of a major fashion empire have just 48 hours to make their offers.

Companies interested in acquiring the assets will need to register their interest by the deadline of 4pm on May 26.

The Arcadia Group was the parent company of brands such as Outfit, Burton, British Home Stores (BHS), Debenhams, Dorothy Perkins, Evans, Miss Selfridge, Topman, Topshop, Wallis and Warehouse.

The offerings are the latest in a series of asset sales relating to Arcadia by Hilco Valuation Services, the European arm of Hilco Global, a global specialist in asset valuation, monetisation and advisory solutions.

Nat Baldwin, managing director of Hilco Streambank, commented: “The Arcadia name is instantly and internationally recognisable.

“Before it entered into Administration in November last year, it had been a retail and fashion empire of unprecedented size and scope.

“Its brands were household names across the UK and internationally and it is anticipated that the sale will generate a remarkable amount of interest from domestic and global enterprises.”