July 23, 2012

Philip Green eyes global fashion empire

Billionaire retailer Philip Green wants to turn his fashion empire Arcadia into a global operation within three years, putting a team into China three months ago and considering opportunities in India.

The owner of the Topshop chain has signed a deal with German retail group Karstadt to open his first outlets in Germany.

archives Philip Green

12/6/2012
Billionaire Green sells Topshop stake to US group
...billionaire Philip Green on Thursday sold a 25 percent stake in Topshop and Topman to U.S. private equity firm Leonard Green and Partners in a deal that values the popular high street chain at 2 billion pounds.
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12/5/2012
Topshop owner set to sell 25-percent stake
...entrepreneur Philip Green is set to sell up to 25 percent of his high-street fashion brands Topman and Topshop to US investors, Britain's press reported on Tuesday.The deal, which values the brands at £1 billion.
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11/21/2012
Topshop's Green says no point crying, let's trade
...Billionaire Philip Green, owner of the Topshop-to-Bhs Arcadia stores group, said it was no use retailers moaning about the prospect of a prolonged economic downturn, they had to raise their game and get on with it.
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7/12/2012
Topshop forms joint venture with Nordstrom
...billionaire Philip Green, has set up a joint venture with Nordstrom, the upscale U.S. department store operator, as it looks to accelerate its growth in the country.
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11/24/2011
Philip Green's Arcadia profit falls 38 percent
...billionaire Philip Green, added to the bad news coming from the UK high street, posting a 38 percent fall in year profit and a further deterioration in recent trading as mild weather deterred winter clothing...
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7/3/2011
Kate Moss weds rocker in English countryside
...store boss Philip Green and Mick Jones from punk band The Clash.
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3/21/2011
JJB Sports' bid for extra time too close to call
...But Philip Green, the billionaire owner of the Arcadia fashion group, said landlords faced a "double edged sword" with regard to CVAs."If they actually don't do a CVA they've got to pick up the rates bill as...
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3/17/2011
UK retailers say landlords must share the pain
...dialogue," Philip Green, the billionaire owner of Arcadia told the Retail Week conference."They've had a hell of a long run when rents have only gone one way. Rents are falling in Ireland -- and it's not just in...
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3/17/2011
Philip Green mulls UK plants to counter import costs
...billionaire Philip Green, owner of the Arcadia retail group, said he is considering investing in and sourcing from UK clothing factories to mitigate the soaring cost of cotton and Asian wage inflation.
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11/11/2010
M&S chairman sells shares as CEO sets out stall
...entrepreneur Philip Green.He will be succeeded as chairman by veteran investment banker Robert Swannell.Shares in M&S were down 1.9 percent at 398.4 pence at 1306 GMT, underperforming a 0.6 percent fall for...
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10/11/2010
Top Shop boss says government wasting money
...report.Philip Green showcasing the A/W collection at the opening of Topshop's first New York store. Photo : Corbis. October 2008 The Conservative-led cabinet, which plans next week to announce 83 billion pounds...
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9/1/2010
Kate Moss continues with Topshop
...Kate Moss-Philip Green friendship is not over, 2011 will be the start of this new chapter for Topshop in which 10 personally selected pieces from the past 14 seasonal collections, created since the collaboration...
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8/31/2010
Kate Moss replaced by Green’s daughter at Topshop
...Philip Green and Kate Moss attending London Fashion Week's 25 year anniversary party. Photo : CorbisAfter 3 years of design collaboration Topshop and Kate Moss go their separate ways. The mutually lucrative deal...
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8/27/2010
Following Etam's UK failure, China picks firm up
...After Philip Green bought Etam in 2005 its logo disappeared in the UK. Financial results just released prove the firm is shaping up in China though with muse Natalia Vodianova.
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8/20/2010
M&S to name Robert Swannell chairman
...entrepreneur Philip Green in 2004.He is also a non-executive director at property group British Land (BLND.L) and venture capital firm 3i Group (III.L).Rose, who has had a rocky relationship with institutional...
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8/16/2010
Retailer Philip Green to lead efficiency review
...Arcadia, Philip Green will lead an external efficiency review into government spending, the Cabinet Office announced.
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4/19/2010
Etam offers to buy back up to 26.5 pct of shares
...stores to Philip Green in 2005. (Reporting by Lionel Laurent and Marcel Michelson; Editing by Will Waterman and John Wallace) ($1=.7331 Euro)
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3/31/2010
Marks & Spencer's Bolland may seek cash call to speed change
...billionaire Philip Green, who has twice tried to add M&S to his clothing and department stores empire. "People will be looking for like-for-like sales improvement plus margin improvements. If that doesn't happen,...
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