Administrators for Sir Philip Green's empire have been seeking buyers for the group since November.
Read moreArcadia Group
By Clodagh Rice
BBC News NI
By Kevin Peachey
Personal finance correspondent
By Kevin Peachey
Personal finance correspondent
By Kevin Peachey
Personal finance correspondent
Some stores could be rescued after Arcadia administration
BBC Radio Guernsey
Despite the Arcadia group going into administration, it does not mean stores will disappear from the High Street, says the chairman of the Guernsey Retail Group.
Jonathan Creasey says there could be a rescue package put together to save some of the more profitable stores.
Arcadia, which owns Burton, Dorothy Perkins and Topshop, has hired administrators from Deloitte after the coronavirus pandemic severely reduced sales across the group.
Across the British Isles, the stores employ more than 13,000 people.
By Alex Pope and Kate Scotter
BBC News
By Kevin Peachey
Personal finance correspondent
By Dominic O'Connell
Today Programme Business Correspondent
By Howard Mustoe
Business reporter
By Vivienne Nunis
Business reporter, BBC News