| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 02 Sept 2018 - 02 Mar 2019 | 01 Apr 2019 | 64 | 61% | 17% | 22% | 55% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Goods not for resale – Invoices are paid weekly, on 30 days payment terms
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
30
Queries from the Company’s suppliers are directed through a central Supplier Liaison team within Accounts Payable. The following service level agreements are in place to ensure we respond to our suppliers within an acceptable time frame: (a) Urgent queries – 24 hours from receipt of query; and (b) Non-urgent queries – 48 hours from receipt of query.
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
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Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
❌
Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
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Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
ARCADIA GROUP (USA) LIMITED is a UK-based multinational retail company that was established in 1900. The company operates over 2,500 stores in over 100 countries, including the United States. Their sustainability program focuses on reducing their environmental impact and promoting ethical practices in their supply chain.
The company offers a wide range of products including clothing, accessories, and home goods through their popular brands such as Topshop, Topman, Miss Selfridge, Dorothy Perkins, and Burton. They also have a strong online presence, providing customers with the convenience of shopping from their website.
Key people in the company include CEO Ian Grabiner and Chairman Jamie Drummond-Smith, who are committed to driving sustainable practices within the company. ARCADIA GROUP (USA) LIMITED has a dedicated sustainability team that works closely with suppliers to ensure ethical and sustainable sourcing of materials.
As part of their sustainability efforts, the company has set targets to reduce their carbon emissions, water usage, and waste production. They also have a garment recycling program, where customers can bring in old clothes to be recycled or repurposed.
Customers can contact the company through their website, where they can find information on their products, sustainability initiatives, and store locations. The registered office address for ARCADIA GROUP (USA) LIMITED is Colegrave House, 70 Berners Street, London, W1T 3NL.
In conclusion, ARCADIA GROUP (USA) LIMITED is a leading retail company that not only offers a wide range of products but also prioritizes sustainability in their operations. With a strong commitment to ethical and environmentally-friendly practices, the company continues to be a trusted and responsible brand for customers around the world.