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Bhs facing "competitive and unpredictable" trading

Posted:
07 October 2008 09:21

The billionaire boss of Bhs, Sir Philip Green, has described trading as "competitive and unpredictable" after sales at the chain fell 4% in the last six weeks. The company also reported a 39.6% fall in operating profits to £30.2 million for the year to March 29th. Sir Philip famously paid himself ...read more

UK Fashion "split" on wages for workers in developing countries;

Posted:
12 September 2008 09:28

;The British fashion industry is split on paying garment factory workers more in developing countries, according to a report out this week. ;The annual Let's Clean Up Fashion report, released ahead of London Fashion Week, criticised conditions for overseas workers as British retailers launched a cut-price war over cheap school ...read more

Topshop prepares for Big Apple opening

Posted:
12 June 2008 09:37

Sir Philip Green is believed to be forecasting sales of between $30 million and $40 million for his first US Topshop store, scheduled to open in New York this October. The new 40,000 square foot site on Broadway in Soho is composed of four selling floors, complete with a DJ ...read more

Retail’s richest slip down the ranks

Posted:
28 April 2008 09:30

Even the top dogs in retail are not immune from the current high street gloom, according to the Sunday Times Rich List. The famous ranking of Britain’s richest individuals revealed yesterday that Sir Philip Green – billionaire owner of the Arcadia empire and department store chain Bhs - is in danger of falling ...read more

Green dismisses Bhs sale rumours as "total rubbish"

Posted:
14 April 2008 09:30

Billionaire retailer Sir Philip Green has dismissed claims by the Independent on Sunday that he is planning to sell off his department store Bhs to concentrate on the expansion of Topshop. Speaking to Thomson Financial News: "It's complete rubbish, nobody [from the Independent on Sunday] even bothered to phone me." Sir ...read more

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