Landlords have voted to back Philip Green's rescue plan, but Arcadia's chair has suggested more store closures could be on the horizon.

Landlords back Arcadia rescue plan but chair suggests store closures to come

The vote on a company voluntary arrangement means he can push ahead with a restructuring plan to cut rents and some jobs.

Philip Green secures enough support to save Arcadia empire - for now

One landlord said ‘there’s no tears for Philip Green’.

Unless Sir Philip Green changes his offer to landlords, Intu properties is planning to vote against the Arcadia restructuring plan.

Today a number of Arcadia's landlords refused to back Sir Philip's Company Voluntary Arrangement (CVA).

Closer examination of the CVA documents reveals that the number of Arcadia stores closing is in fact 48.


Sir Philip Green "grabbed women's breasts" and "slapped their bottoms", Lord Hain has told the House of Lords.

Arcadia Group is closing 23 stores, putting more than 500 jobs at risk, as part of a rescue plan.

Sir Philip Green has pumped his own money into the business to save some stores. 

The emails ITV News has seen cite concerns about the financial health of Sir Philip's retail business.