As the UK based Arcadia Group brakes up after collapsing into administration, Lloyd Shoe is the first supplier to suffer collateral damage. The shoe company is said to continue to operate as normal despite having filed a notice to appoint an administrator. “Lloyd Shoe operates footwear concessions for stores within the Arcadia group of brands and the business is working closely with the administrators of Arcadia to support their trading strategy whilst they seek a buyer(s). The business continues to trade as normal”, said a spokesperson.

Founded in 1986, Lloyd Shoe, based in East London, operates over 800 men’s and women’s footwear concessions and across the UK, Ireland, Germany, Netherlands and the U.S.. The Arcadia Group, which collapsed into administration, putting over 13,000 jobs at risk, owns the Topshop, Topman, Miss Selfridge, Dorothy Perkins, Wallis, Evans, Outfit and Burton fashion retail chains.