Sir Philip Green’s Arcadia seeks £50m funding

// Arcadia Group seeking to borrow up to £50m to shore up its future during coronavirus pandemic
// It has approached banks about a new round of borrowing against its new distribution centre in Daventry
// It is no clear if a deal has been reached yet.Sir Philip Green’s Arcadia Group retail empire is reportedly seeking to borrow up to £50 million against its distribution centre to support the business through the coronavirus crisis.
According to Sky News, the fashion group