Much of the attention around the bidding for Arcadia's brands has been focused on big names such as Boohoo, Frasers, and Authentic Brands too. But reports suggest as many as 40 parties have registered their interest.
Frasers Group was reportedly racing to try to do a deal on Debenhams at the weekend, but reports also suggested that US-based Barneys owner Authentic Brands has both Debenhams and Arcadia in its sights.
Arcadia is now operating in administration with speculation that Boohoo, Frasers, Next and M&S would be interested in buying parts of it. There are also fears over the knock-on effect on its suppliers.
Once the preserve of gamers, virtual reality (VR) has been seized on by the financial sector as a way of enlivening home working for isolated executives and replicating real-world sales, networking or training events.
Covid-19 has once again put the brakes on consumer spending, according to a recent survey by Deloitte. In luxury shopping districts, in Milan for example, the footfall drop since the start of 2020 has been drastic.