sir Phillip Green news and archive

Vornado raises questions over Arcadia debt issues

Fashion Network has reported that Vornado, a U.S. landlord, has raised questions over Phillip Green and his Arcadia Empire over the manipulation of a CVA vote by increasing its debt owed to suppliers. Arcadia Group just narrowly escaped collapse last week when its unsecured creditors voted to approve a company voluntary agreement. Arcadia Group...

Fashion

Topshop apologises over removal of feminist pop-up

Fashion retailer Topshop has issued a public apology after removing a feminist pop-up within its Oxford Street flagship store just minutes before opening. The pop-up, a publicity display to celebrate the release of Feminists Don't Wear Pink (and Other Lies) curated by writer Scarlett Curtis, featured the book alongside products supporting UN...

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Fashion

New BHS owners unveils future plans

New BHS owners, Retail Acquisitions headed up by Keith Smith, a former director of small-to-mid capital broking house Nabarro Wells, has stated that turning around the loss-making retailer is a “very big challenge” while adding that the business has “significant potential”. It was reported last week that the little-known consortium Retail...