Sir Philip Green news and archive

MPs urge Sir Philip Green to cover Arcadia's pension shortfall

The chair of the UK’s Work and Pensions Committee has urged Arcadia boss Sir Philip Green to plug the group’s pension shortfall. In a statement released yesterday, hours before the high street group fell into administration, MP Stephen Timms called for clarity on the status of a 385 million pound package agreed by the Pensions Regulator, Arcadia...

BusinessFeatured

Arcadia falls into administration, putting 13,000 jobs at risk

Sir Philip Green’s Arcadia has become the latest retail casualty of the Covid-19 pandemic after falling into administration on Monday evening and putting some 13,000 jobs at risk. The group, whose portfolio includes Topshop, Burton and Dorothy Perkins, has appointed administrators from Deloitte after the company’s trading was “severely impacted”...

Fashion

US landlords drop challenges against Arcadia CVA

Arcadia Group is set to move forward with its restructuring plans after two US landlords dropped challenges against two of its company voluntary arrangements (CVAs). The decision came following “significant and constructive dialogue” with the two landlords, Arcadia said in a statement on Tuesday. Ian Grabiner, CEO of Arcadia Group, said: “With...

People

Telegraph allowed to reveal all accusations against Sir Philip Green

The High Court has formally dropped Sir Philip Green’s injunction against The Telegraph, allowing the British newspaper to publish allegations of sexual and racial harassment against employees of the Arcadia Group, the fashion conglomerate at which Green serves as Chairman. In October, the newspaper said it had evidence of bullying, intimidation...

PeopleFeatured

Sir Philip Green drops legal battle against the Telegraph

Topshop owner Sir Philip Green has dropped his legal action against the Telegraph over allegations made against him of sexual harassment and racist behaviour. In October, the Telegraph revealed allegations of bullying, intimidation and sexual harassment against an unnamed person at Arcadia, following an eight month investigation. Despite the...

BusinessFeatured

Sir Philip Green in new court battle over harassment claims

Topshop owner Sir Philip Green is taking the Daily Telegraph to court over allegations the UK newspaper made in October that the retail mogul had sexually and racially harassed his employees. A judgement handed down yesterday by Justice Warby revealed that Sir Philip filed an application in December to uncover the sources of the Telegraph’s...

Fashion Featured

IN FOCUS: Beyonce x Topshop's Ivy Park

London - Grammy winning, recording artist Beyonce, has unveiled her first collection for her much awaited athleisure brand, namely Ivy Park. Created in collaboration with high street favourite Topshop, the collection includes over 200 items, inspired by sportswear favored by the artist, ranging from clothing to footwear and accessories. BREAKING...

Apparel

Arcadia Group to enter the Indian market

Sir Philip Green, owner of Arcadia Group, has his sights set on entering the India market as part of the global expansion phase for his labels. Dorothy Perkins is the first brand from his portfolio to launch in the country, with the group introducing DP S/S ' 14 product range online with Indian retailer Jabong.com. The website currently stocks...

Fashion

Topshop eyes China and India

Topshop may soon have standalone stores in China. With a challenging home market, Sir Philip Green has said he is looking to China and India to grow the Topshop and Topman brands.Green said Asia “has got to be on our radar”, and that it was a “fantastic opportunity for us”. Sir Philip said that although the group “had not tackled Asia yet”, he...