Retail news
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Sir Philip Green to merge Arcadia and Bhs
- Posted:
- 26 February 2009 09:44
Sir Philip Green is understood to be looking at merging his Arcadia and Bhs businesses as part of efforts to streamline costs. The Bhs chain would be run and operated as if it was one of the group's brands, such as Dorothy Perkins or Topshop. Should it proceed the merger ...read more
Arcadia and Debenhams compete to buy Principles
- Posted:
- 19 February 2009 09:49
It has been reported that both Arcadia and Debenhams are interested in buying Principles, the Icelandic-backed fashion chain. Debenhams is understood to want to acquire the chain in order to benefit from full margins at Principles concessions in its department stores while Sir Philip Green, who owns Arcadia, is believed ...read more
Topshop confirms NYC launch
- Posted:
- 16 February 2009 09:45
Topshop will make its long-awaited debut in New York on April 2nd. Arcadia boss Sir Philip Green is expected to hold a press conference in New York at Fashion Week giving more details about the launch.The store, located at 478 Broadway in Manhattan, was originally due to open last September ...read more
Moss Bros sales drop
- Posted:
- 02 December 2008 09:43
Moss Bros has reported a drop in sales and warned that tough trading conditions will mean annual profits will not meet previous expectations. The menswear retailer said that like-for-like sales were down 5.2% for the past 18 weeks, compared with a 2.6% fall in the first half of its financial ...read more
No intention of Moss Bros acquisition says Sir Philip
- Posted:
- 28 November 2008 09:53
Arcadia and Bhs boss Sir Philip Green has announced that he has no current intention of making a bid for menswear group Moss Bros. Speculation regarding a bid had been growing since the retail entrepreneur spent £6.7 million acquiring a 28% stake in Moss Bros earlier this month. However reports ...read more
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