Eight brands are owned by the group, also including Evans, Miss Selfridge, Topshop, and Wallis.
Local staff have not been told if or when the shops might close, if pensions are affected or if they will be paid for their worked hours.
‘All we know is the exact same as everyone else, we found out through the news and haven’t heard anything, so we’ve just been carrying on as normal,’ said Daniel Spencer, Burton deputy manager.
‘I’ve been on paternity leave myself – it’s my first day back and it could well be my last. Hopefully things will be OK. Being this close to Christmas does make it worse.’
Without any communication from head office, it is unknown if any developments are being made to salvage the group.
‘Apart from the £50m. loan offered from Mike Ashley [Frasers Group chief executive and billionaire] we don’t know. Apparently we need £30m. to keep afloat and stay open.’
Mr Ashley’s offer was turned down yesterday afternoon.
Owner Sir Philip Green and his wife, Lady Cristina Green, are listed on the Sunday Times Rich List to be worth £930m.
In 2005, Sir Philip took a £1.2bn dividend payment from Arcadia to pay to Lady Christina tax-free, who is a Monaco resident.
‘At the moment we’ve got about three full-time staff and altogether have five. It’s not just Burton affected, we have Dorothy Perkins over here too whose staff will be hit,’ said Mr Spencer.
‘It’s all up in the air at the moment, but we’ll figure something out.’
A Dorothy Perkins spokesman could not comment as he had not been informed of anything either.
Around 13,000 total jobs are at risk in total and the group’s pension fund is predicted to be £350 million short.
Prior to the pandemic, Arcadia Group faced stark competition from online-only fashion retailers such as Asos and Boohoo.
Wallis, Evans and Miss Selfridge have all been and gone in Guernsey already.
Burton and Dorothy Perkins were founded in 1903 and 1909 respectively.
You need to be logged in to comment. If you had an account on our previous site, you can migrate your old account and comment profile to this site by visiting this page and entering the email address for your old account. We'll then send you an email with a link to follow to complete the process.