Arcadia Group is looking at different ways to cut costs.
Their chairman Sir Philip Green says they're restructuring the retail empire which includes brands like Topshop and Miss Selfridge.
In a statement, the company said it was suffering "an exceptionally challenging retail market."
Experts say store closures and job cuts are likely.
Meta scraps AI image feature days after launch following privacy backlash
Meta said it is discontinuing an AI feature launched this week that allowed users to generate images using public Instagram accounts, after drawing widespread criticism over privacy concerns, including from a Hollywood union.
New Zealand, India upgrade ties as PM Modi visits Auckland
Indian Prime Minister Narendra Modi and his New Zealand counterpart Christopher Luxon upgraded their nations' diplomatic ties on Saturday, as Modi seeks to bolster New Delhi's ties in the Asia-Pacific region.
Flydubai resumes flights to Syria's Aleppo after 14 years
Flydubai is expanding its network in Syria with the launch of a new daily non-stop service to Aleppo.
UAE's e& to sell Vodafone stake for nearly $6 billion
UAE telecoms group e& said on Friday it has agreed to sell its stake in Vodafone for $5.95 billion to the family group of French billionaire Xavier Niel, ending its investment in the British firm after a review of its international portfolio.
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