Coronavirus: Arcadia cancels all orders until further notice

// Arcadia tells suppliers that orders are cancelled until further notice
// Payment terms will be extended by 30 days as a result of the Covid-19 pandemicArcadia has reportedly informed suppliers that all orders will be cancelled until further notice and payment terms will be extended by 30 days due to the coronavirus outbreak.
In a letter to suppliers, Arcadia wrote that the retail sector is facing “unprecedented times with the impacts of Covid-19 unfolding and changing daily,” Dra