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. Profits at Sir Philip Green's retail empire, which includes High Street fashion chain Topshop, plummeted by 79% last year. ... [Read full article on BBC ]
Thursday 8th of June 2017 12:44:18 AM
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.... A spokesperson for the company said Boohoo had yet to decide on a location for the 600,000 sq ft facility. The upbeat outlook from Boohoo was in sharp contrast to the fortunes of its rival Topshop, part of Sir Philip Green’s retail empire, where UK sales fell for the first time in more than a decade. ... [Read full article on Guardian ]
Thursday 8th of June 2017 06:01:31 PM
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. Sir Philip Green’s retail empire suffered a worse than expected 79% fall in profits last year as it reeled from the closure of BHS and a tough fashion market, during which Topshop’s UK sales fell for the first time in more than a decade. ... [Read full article on Guardian ]
Wednesday 7th of June 2017 04:20:04 PM
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. There was a time, for many British teenagers, when no Saturday was complete without a trip to Topshop. ... [Read full article on Guardian ]
Wednesday 7th of June 2017 04:47:19 PM
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. Sir Philip Green’s fashion empire suffered a 16% fall in profits last year as the billionaire’s Topshop-to-Miss Selfridge group struggled with difficult trading on the high street. ... [Read full article on Guardian ]
Sunday 4th of June 2017 03:29:15 PM
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Latest Finance News related to Topshop

Boohoo co-founder sells £80m in shares as he reveals 'supersite' plan image
.... A spokesperson for the company said Boohoo had yet to decide on a location for the 600,000 sq ft facility. The upbeat outlook from Boohoo was in sharp contrast to the fortunes of its rival Topshop, part of Sir Philip Green’s retail empire, where UK sales fell for the first time in more than a decade. ...
Topshop owner sees profits dive by 79% image
Source : BBC [Read Article] Thursday 8th of June 2017 12:44:18 AM
. Profits at Sir Philip Green's retail empire, which includes High Street fashion chain Topshop, plummeted by 79% last year. ...
Why Topshop is falling out of fashion with the Instagram generation image
Source : Guardian [Read Article] Wednesday 7th of June 2017 04:47:19 PM
. There was a time, for many British teenagers, when no Saturday was complete without a trip to Topshop. ...
Sir Philip Green's retail empire reels from BHS closure and Topshop fall image
. Sir Philip Green’s retail empire suffered a worse than expected 79% fall in profits last year as it reeled from the closure of BHS and a tough fashion market, during which Topshop’s UK sales fell for the first time in more than a decade. ...
Philip Green fashion empire hit by 16% fall in profits image
Source : Guardian [Read Article] Sunday 4th of June 2017 03:29:15 PM
. Sir Philip Green’s fashion empire suffered a 16% fall in profits last year as the billionaire’s Topshop-to-Miss Selfridge group struggled with difficult trading on the high street. ...
More Pritt Stick than Pippa  image
Source : BBC [Read Article] Thursday 18th of May 2017 11:00:06 PM
....Meanwhile, 2017 has become the year of the High Street wedding dress. Whistles, Asos, Topshop and Dorothy Perkins have all launched bridal ranges this year, joining the likes of Phase Eight and Monsoon. ...
Ex-BHS owner Dominic Chappell could be pursued by Sir Philip Green for millions image
....However, the registrar found that a £3. 5m loan to RAL from Green’s Arcadia Group, which includes Topshop and Dorothy Perkins, remained valid. ...
Marks and Spencer hires Halfords boss Jill McDonald image
Source : BBC [Read Article] Wednesday 3rd of May 2017 08:30:15 AM
....But Ms McDonald has a tough job ahead of her. M&S has suffered intense competition High Street rivals such as Zara, Primark and Topshop. ...
Sir Philip Green could still lose knighthood, says MP image
Source : Guardian [Read Article] Sunday 23rd of April 2017 03:54:50 PM
....The billionaire boss of Arcadia, notorious for his superyachts and lavish parties, made a voluntary personal cash payment of £343m towards improved benefits to the pension scheme members, and made available an additional £20m towards implementation costs. It came after the Topshop owner was grilled by MPs over the sale of the chain, which he owned for 15 years before offloading it for £1 to the former bankrupt Dominic Chappell in 2015. ...
Arcadia plan sees pension woe pile up for Philip Green image
Source : Guardian [Read Article] Saturday 1st of April 2017 03:00:28 PM
....The pension scheme deficit at Sir Philip Green’s Arcadia Group has risen to nearly £1bn, which means another headache for the former BHS owner. Documents to be published on Sunday by MPs investigating the demise of BHS and pensions regulation, reveal that the Topshop to Dorothy Perkins group’s two pension schemes – one for senior executives, another for the rest of the staff – had a combined deficit of £993m in March last year on a buyout basis. ...
Topshop loses managing director to The White Company image
Source : BBC [Read Article] Wednesday 29th of March 2017 11:21:38 AM
. Sir Philip Green's fashion chain, Topshop, is losing its trailblazing managing director Mary Homer to The White Company. ...
Forbes billionaire list: Trump loses $1bn as elite club gets 233 new members image
.... His wealth, which is largely held in Sports Direct shares, has roughly halved over the past two years as shares collapsed following the Guardian exposé of “Victorian workhouse”-style conditions in its distribution warehouses. Sir Philip Green and his wife, Tina, the owners of Arcadia, which owns Topshop and once owned BHS, also lost just over $1bn, with their fortune slumping to $4. ...
Topshop owner to double contributions to plug pension deficit image
Source : Guardian [Read Article] Sunday 5th of March 2017 03:28:55 PM
....Sir Philip Green has agreed a deal to pump as much as £50m a year into the pension fund behind his fashion business, Arcadia, to plug a growing deficit, just days after reaching a settlement over the BHS pension scandal. Arcadia, which controls Topshop, Dorothy Perkins and Miss Selfridge, will double payments into its pension scheme from £25m a year to £50m this year, potentially heading off another pensions controversy. ...
Sir Philip Green hasn't pushed the boat out with his BHS pensions deal | Nils Pratley image
....In agreeing a £363m settlement to top up the BHS pension schemes, he has probably done enough to keep his knighthood but he has not pushed the boat out. The Topshop tycoon is a negotiator in his bones and his skill can be seen in the detail of the agreement. ...
Philip Green agrees to pay £363m into BHS pension fund image
Source : Guardian [Read Article] Tuesday 28th of February 2017 02:42:06 PM
....The pensions deal should calm the reputational storm which has engulfed Green, the self-styled king of the British high street. The 64-year-old fashion tycoon, who also owns Topshop, Wallis, Miss Selfridge and Burton, has been forced to curtail his public appearances since the scandal, including missing Topshop’s London fashion week show, where he usually has a front row seat. ...
Sir Philip Green strikes BHS pension deal with regulator image
Source : BBC [Read Article] Tuesday 28th of February 2017 02:38:18 PM
.... Another £20m from Sir Philip is being used to cover expenses. MPs had also called for the Topshop billionaire to be stripped of his knighthood. ...
Cobbling together: the Brooklynites who gather to make handcrafted shoes image
Source : Guardian [Read Article] Sunday 19th of February 2017 12:00:07 PM
....It turns out that there are a lot of heels in the shoe business. “You would be surprised how much [shoe design] in the corporate world is just copied! I was a little nobody and I wanted to say this isn’t right to the director of Topshop,” Elizabeth Dunn, a bespoke shoemaker and London transplant, tells me, her voice rising with emotion. ...
Dow Jones hits record high – is Trump good for stock markets? image
Source : Guardian [Read Article] Wednesday 25th of January 2017 03:18:04 PM
.... James Crosby, former chief executive of HBOS, the other great British banking disaster, gave his award back before he could suffer a similar fate. Sir Philip Green still has a gong (for now), but even if the Topshop owner eventually coughs up a few hundred million quid for the BHS pension fund, it’s hard to imagine it would be awarded today. ...
Christmas cheer fades for high street as buyers shop online from home image
Source : Guardian [Read Article] Friday 6th of January 2017 12:01:03 AM
....The slowdown could mean store closures as retailers invest more in developing mobile apps and other online shopping tools, and try to reduce high-street space. Marks & Spencer has recently announced plans to close 30 UK stores while B&Q, the electricals retailer Currys/PC World, and the Topshop/Dorothy Perkins group Arcadia, have all scaled back their store estate in recent years. ...
Philip Green, Vibrac and Riverdance: the mystery of Everton’s ‘shadow investor’ image
.... “He’s not interested,” Kenwright told the Guardian in 2011. “He would say to me [adopts a mockney accent]: ‘Bill, Bill, Bill, if I put facking money into Everton Football Club you think Liverpool fans would buy from Topshop?’ He’s not interested. ...
Young, quick and very hip: Missguided and Pretty Little Thing hit the big time image
.... These clothes are so cheap you can afford to risk buying them without trying them. Ever-increasing prices at Topshop have created a gap in the market for cheaper newcomers. ...
BHS placed into liquidation after pressure from biggest creditor image
Source : Guardian [Read Article] Friday 2nd of December 2016 05:20:38 PM
.... Green, his family and other BHS shareholders collected at least £580m from the retailer, while Chappell’s company Retail Acquisitions was paid an estimated £17m. The Topshop owner is still in talks with the Pension Regulator over how to resolve the shortfall in the BHS pension fund. ...
Petition urges Philip Green to tackle BHS pension deficit image
Source : Guardian [Read Article] Tuesday 29th of November 2016 06:00:40 AM
....”. The petition that will be delivered to Arcadia – which controls Topshop, Dorothy Perkins and Miss Selfridge – includes comments from BHS workers such as: “This man’s greed is unbelievable and I worked for him. ...
OK, no workers in the boardroom: but May must be strong on executive pay image
Source : Guardian [Read Article] Sunday 27th of November 2016 07:00:53 AM
....A year ago, Sir Philip Green warned of fierce high street competition as he reported a fall in underlying sales at his Arcadia retail empire. This year there has been no word on trading at the group, which owns Topshop, Dorothy Perkins, Burton and Miss Selfridge. ...
Staff at Topshop online depot announce Cyber Monday strike image
Source : Guardian [Read Article] Wednesday 23rd of November 2016 12:42:50 PM
. Workers at a Topshop online distribution depot have announced plans to strike on Cyber Monday, one of the busiest trading days of the year, in a fresh blow to Sir Philip Green. ...
Sir Philip Green's yacht and other assets could be seized, says regulator image
Source : Guardian [Read Article] Wednesday 23rd of November 2016 12:35:19 PM
....However, Green will almost certainly not offer the yacht as part of any settlement. If the courts are forced to chase cash from him, they can target a family empire estimated to be worth more than £3bn, which includes property in London and the retail business Arcadia, which owns Topshop, Dorothy Perkins and Miss Selfridge. ...
MP asks if Sir Philip Green’s yacht could be seized in BHS row image
Source : Guardian [Read Article] Wednesday 23rd of November 2016 08:03:23 AM
....Green fuelled the anger over the demise of BHS, which he sold for just £1, when he was filmed over summer cruising the Mediterranean in his yacht Lionheart – reportedly worth £100m – while pensioners were left facing an uncertain future. In a letter to the committee, Titcomb disclosed TPR had been “monitoring” the pension scheme for another arm of Sir Philip’s retail empire – the Arcadia group, which includes Topshop, Dorothy Perkins and Miss Selfridge. ...
Pensions Regulator demands information from Sir Philip Green’s Arcadia image
Source : Guardian [Read Article] Tuesday 22nd of November 2016 07:46:56 PM
. The Pensions Regulator has expanded its examination of Sir Philip Green’s business empire by demanding information from Arcadia – the owner of Topshop, Dorothy Perkins and Miss Selfridge – about the state of its pension scheme. ...
Pocket problems image
Source : BBC [Read Article] Friday 11th of November 2016 10:18:30 PM
....So what do big womenswear brands have to say on the matter?. "Pockets on clothing are a modern and ergonomic option for people with a busy life," says Jacqui Markham, global design director at Topshop. ...
From posh picnics to nylon knickers: readers on the best and worst of M&S image
Source : Guardian [Read Article] Tuesday 8th of November 2016 02:49:05 PM
....It seems sensible to focus on the successful part of the business – food – but this ignores the fact that M&S should be a clothing retailer, not a supermarket. They need to reconnect with their core customers and offer good quality pieces to middle-aged women, rather than trying to compete for the Topshop/Zara market. ...
Will paper receipts become a thing of the past? image
Source : BBC [Read Article] Tuesday 25th of October 2016 06:10:45 PM
.... Apple stores began sending e-receipts in 2005, with other retailers following suit. Debenhams and Topshop both began using digital receipts last year, while keeping the option for a paper receipt. ...
The real reason shops want you to sign up for e-receipts image
Source : Guardian [Read Article] Sunday 16th of October 2016 02:59:37 PM
.... How much you care probably informs your response to the increasingly familiar checkout refrain: “Can we email you your receipt?”. Shops including Gap, Topshop and Mothercare now routinely offer e-receipts. ...
Future models image
Source : BBC [Read Article] Monday 19th of September 2016 11:04:52 PM
.... . Topshop and Jigsaw followed their example. ...
BHS: Philip Green attacks 'kangaroo court' inquiry image
Source : BBC [Read Article] Saturday 30th of July 2016 11:06:59 PM
....The Labour MP has rejected the allegation. Mr Field accused Sir Philip of "displacement therapy" and said he had to "face up to the evil he has done in destroying BHS", repeating his demand for the Topshop owner to do something about it by writing "that big cheque". ...
Extreme makeover image
Source : BBC [Read Article] Monday 4th of July 2016 11:05:14 PM
....The cost was indicative of the scale of the task. The 116-year-old company had been struggling to compete with online shopping outlets and foreign brands such as Zara and Topshop. ...
Legal & General looks set to weather Brexit storm image
Source : Guardian [Read Article] Tuesday 28th of June 2016 07:17:48 PM
.... Chairing L&G looks more fun than being on the telephone to Brussels and Berlin for the next two years, which is the fate of his former colleagues. Lord Myners is perhaps not a wholly impartial observer – he has history with Sir Philip Green from Marks & Spencer days – but his assessment that the Topshop tycoon will need to find £400m-plus to resolve the pension mess at BHS sounds close to the mark. ...
I never thought Chappell would run BHS, says man who facilitated his bid image
.... Myners, who is advising the parliamentary committee, made the claims to Sky News. New written evidence published by the MPs claims Green was put under pressure by the US backers of Topshop to sell BHS so he could focus on running the youth fashion chain. ...
Brexit wipes $2tn off markets as Moody's lowers UK credit rating outlook image
....The global stock market rout was costly for the UK’s 15 richest individuals, who between them lost £4bn during the day, according to news organisation Bloomberg’s billionaire index. Britain’s richest person, Gerald Grosvenor, the Duke of Westminster, led the decline with a loss of £727m, followed by Topshop owner Philip Green, fellow land baron Earl Cadogan, and Bruno Schroder of money manager Schroders. ...
Philip Green to face MPs on Wednesday morning over collapse of BHS image
Source : Guardian [Read Article] Wednesday 15th of June 2016 06:00:20 AM
. Sir Philip Green, the billionaire owner of Topshop, will answer questions on the demise of BHS in a much-awaited testimony to MPs. ...
Sir Philip Green's grilling by MPs: the 11 key questions image
Source : Guardian [Read Article] Tuesday 14th of June 2016 06:00:02 AM
....The billionaire is under mounting pressure to explain his role in the demise of BHS, with MPs from all the major parties calling for Green to be stripped of his knighthood. The boss of Arcadia – which also controls fashion chains including Topshop, Dorothy Perkins, Evans and Miss Selfridge – has threatened to pull out of the hearing unless Frank Field, the Labour MP, resigns as chairman. ...
Grumbling Green needs to understand he's not dealing with a legal process image
.... Field’s phrasing may have been inelegant but, to use a Green phrase, that’s showbiz. Indeed, the Topshop tycoon hasn’t helped himself by saying next to nothing since the collapse of BHS. ...
MPs draw up penalties for Philip Green if he fails to attend inquiry image
Source : Guardian [Read Article] Sunday 12th of June 2016 04:32:05 PM
....MPs are preparing to invoke a list of sanctions against Sir Philip Green should the billionaire retailer fail to appear before this week’s parliamentary select committee examining the collapse of BHS. The move, which could include the Topshop tycoon being found in contempt of parliament or facing a Commons vote on whether he is a “fit and proper” person to be running a business, comes after Green said on Friday that he was not prepared to participate in the inquiry. ...
Lady Green got £53m windfall from selling BHS HQ to Arcadia image
Source : Guardian [Read Article] Thursday 9th of June 2016 06:53:48 PM
....The deal for Marylebone House in north London is likely to pose further questions for the Greens about their role in the collapse of BHS. The property transaction is revealed in the annual accounts of Arcadia, which also show that the owner of Topshop, Dorothy Perkins and Wallis has a pension deficit of £151m. ...
BHS collapse could cost taxpayer £35m image
Source : Guardian [Read Article] Thursday 9th of June 2016 12:10:47 PM
....The parliamentary investigation into the collapse of BHS will question Green on Wednesday. The Topshop boss controlled BHS for 15 years until he sold it for £1 to Chappell’s consortium Retail Acquisitions in March 2015. ...
Former owner of BHS accused of having his 'fingers in the till' image
Source : Guardian [Read Article] Wednesday 8th of June 2016 07:04:02 PM
....”. The revelations raise the prospect of a criminal investigation into the affair, while posing further questions for Green, the Topshop boss who controlled BHS for 15 years until he sold it for £1 to Retail Acquisitions in March 2015. ...
Institute of Directors chief fury at BHS ‘blight' image
Source : Daily Express [Read Article] Saturday 4th of June 2016 07:12:00 AM
....In an open letter to MPs Frank Field and Iain Wright, chairmen of a joint parliamentary committee investigating the demise of the department store chain, Simon Walker, director general of the Institute of Directors, said he could not defend the running of the company. He accused Topshop billionaire Sir Philip Green, who sold BHS for £1 last year to little-known Retail Acquisitions, of a “lamentable failure of behaviour” and said he had “moral responsibilities” over the plight of the pension scheme, which has a £571 million deficit. ...
BHS collapse: IoD chief accuses Sir Philip Green of 'lamentable behaviour' image
....Green and Dominic Chappell, the former owners, left the company, which was founded in 1928, with a £571m pension deficit. Topshop boss Green owned BHS for 15 years and sold it to former bankrupt Chappell and his Retail Acquisitions consortium for £1 last year. ...
BHS ex-owner blames Philip Green for retail firm's collapse image
Source : Guardian [Read Article] Tuesday 31st of May 2016 07:22:39 PM
....”. Out of more than £60m of cash left on the balance sheet by Green, the Topshop owner who sold BHS for £1 to Chappell’s Retail Acquisitions just over a year ago, Chappell said he had been forced to pay out more than £20m as upfront guarantees to keep key suppliers on board. ...
Race to acquire BHS enters final stages with Matalan tycoon ahead image
Source : Guardian [Read Article] Thursday 19th of May 2016 06:52:24 PM
....BHS went into administration at the end of last month, putting 11,000 high street jobs at risk. The 88-year-old retailer failed little more than a year after Topshop owner Sir Philip Green sold it to a little-known collection of financiers, lawyers and accountants, led by Dominic Chappell, who has been declared bankrupt at least twice. ...
BHS rescue: bidders include Sports Direct and Matalan founder image
Source : Guardian [Read Article] Tuesday 17th of May 2016 06:26:14 PM
.... MPs are preparing to call Darren Topp, the current boss of BHS, to give evidence to a parliamentary inquiry next month into the retail chain’s collapse. Topp, who took over the business after it was bought for £1 from Topshop owner Sir Philip Green a year ago, will stand before a joint hearing of the work and pensions select committee and the business, innovation and skills committee on 8 June. ...
Ex-Deutsche Bank executive given four-and-a-half years for insider trading image
....Related: How painstaking investigation snared Deutsche Bank insider trading ring. Andrew Hind, a 56-year-old former finance director of Topshop, was sentenced to three-and-a-half years at Southwark crown court in London. ...
Former Deutsche Bank boss guilty of insider dealing image
Source : Guardian [Read Article] Monday 9th of May 2016 06:12:48 PM
....A former adviser to Sir Philip Green, along with a one-time managing director of Deutsche Bank, have been found guilty of insider dealing in one of the UK’s most high-profile cases. Eight years after the investigation began, Andrew Hind, 56, ex-finance director at Topshop, part of Green’s Arcadia Group, and his friend Martyn Dodgson, 44, who used to work in corporate broking at Deutsche and Lehman Brothers, were both convicted following a 12-week trial at Southwark crown court. ...
Mike Ashley says he is working on bid for BHS image
Source : Guardian [Read Article] Sunday 1st of May 2016 05:19:09 PM
....BHS’s failure, the biggest retail administration since the demise of Woolworths in 2008, has provoked recriminations. The retailer was owned by Sir Philip Green for 15 years before the Topshop tycoon sold it to Chappell’s Retail Acquisitions consortium last year. ...
Sir Philip Green has big questions to answer over BHS image
Source : Guardian [Read Article] Sunday 1st of May 2016 08:00:50 AM
....Green, unlike Ashley, will be up for the fight, one suspects. He loves the spotlight, feels his arguments aren’t being heard and may fear a consumer backlash against his Arcadia interests, notably Topshop. ...
Philip Green: Blair gave him a knighthood, Cameron gave him a job image
Source : Guardian [Read Article] Tuesday 26th of April 2016 11:46:23 AM
.... Most of his £3bn is based on his shrewd purchase of BHS in 2000. He failed to save it, taking more out than he put in, but it was the key to his later success with the Arcadia group – Topshop and the rest – along with clever financial engineering of real estate. ...
How Philip Green's family made millions as value of BHS plummeted image
Source : Guardian [Read Article] Monday 25th of April 2016 07:06:29 PM
.... That total excludes the £280m which researchers suggested Greens might have to hand over to the pensions regulator. Tina, who since 2004 has been the legal owner of BHS – and the Arcadia Group, which includes Topshop, Miss Selfridge and Dorothy Perkins – is based in Monaco. ...
Sir Philip Green must sort out the BHS pension mess image
Source : Guardian [Read Article] Monday 25th of April 2016 01:16:46 PM
....He now has a chance to express his gratitude in more than words. Prepare to dig deep, Sir Philip: forget Topshop, the yachts (a new 300-footer is on the way), the fashion academy and the knighthood. ...
Almost half of world's superyachts have UK or US owners, survey finds image
Source : Guardian [Read Article] Monday 18th of April 2016 06:13:04 PM
....23m). The Topshop billionaire, Sir Philip Green, will this year take delivery of a 90-metre four-storey yacht, estimated to be worth about $150m. ...
Alexa Chung: can she make M&S sparkle once again?  | Observer profile image
Source : Guardian [Read Article] Saturday 16th of April 2016 11:04:08 PM
....Retailers are big fans of celebrity tie-ups. Topshop’s collaboration with Kate Moss was a massive hit until it wasn’t, while H&M’s regular collaborations with designers, a list that includes Stella McCartney and Karl Lagerfeld, have often initiated a shopper stampede. ...
House prices could fall over Brexit risk, plus Tesco to accept Sainsbury's vouchers image
.... Patrick Collinson has the lowdown on Norway, the country where you can see everyone’s tax returns, and we have a brief guide to the history of inheritance tax. Why would Topshop only give me a receipt by email?. ...
JD Sports profits rise 45% as new stores open across Europe image
Source : Guardian [Read Article] Thursday 14th of April 2016 07:49:56 AM
.... JD Sports, Nike and Size? have all opened women-only stores to meet demand. Cowgill said he saw no sign of the trend slowing down and JD would be one of only a handful of outlets selling Beyoncé’s athleisure line, Ivy Park, which launches on Thursday in partnership with the Topshop owner, Sir Philip Green. ...
Reiss sold to US private equity firm image
Source : Guardian [Read Article] Wednesday 13th of April 2016 09:14:50 AM
....The retailer said teaming up with the US investors would enable Reiss to step up expansion in North America, Asia and Australia. Reiss has previously said he wanted to turn the brand into a “luxury Topshop”. ...
Why would Topshop only give me a receipt by email? image
Source : Guardian [Read Article] Sunday 10th of April 2016 06:00:38 AM
. In a Topshop area inside a department store I was asked for my email address when buying goods, “so that we can send you a receipt”. ...
M&S must pick a side: young and trendy or mature and affordable image
Source : Guardian [Read Article] Thursday 7th of April 2016 04:43:04 PM
.... The belted A-line number is on-trend and expensive enough to feel like a luxe purchase. Perhaps therein lies the problem – if you are going to spend more than £100 on a skirt, would you go to M&S? If you’re young, would you opt for Autograph instead of Topshop? And while the Autograph and Limited Edition collections tend to be carefully curated and promoted, these lines comprise only a fraction of the clothing M&S produces. ...
M&S: Steve Rowe to retain direct control of clothing division image
Source : Guardian [Read Article] Monday 4th of April 2016 04:57:30 PM
....Rowe, 48, has spent most of his career at M&S. After a stint working Saturdays in the Croydon branch, he joined Topshop as a trainee when he left school at 18, before rejoining M&S four years later. ...
Whistles bought by South Africa's Foschini Group image
Source : Guardian [Read Article] Thursday 24th of March 2016 12:46:46 PM
....Since the launch of Whistles as a women’s fashion brand in 1976 by husband-and-wife team Richard and Lucille Lewin, its fortunes have fluctuated. It was in the doldrums and perceived as frumpy in 2008 when Jane Shepherdson, formerly of Topshop, joined as chief executive with a 20% stake. ...
Fate of BHS to be decided by creditors in crucial vote image
Source : Guardian [Read Article] Tuesday 22nd of March 2016 07:39:36 PM
....The retailer wants to reduce the rent on 47 of its 164 stores by up to half and slash rents even further on another 40 stores, many of which are likely to close imminently even if the rescue deal is approved. The crisis comes just a year after Sir Philip Green, the owner of Topshop, sold BHS for £1 to Retail Acquisitions, a consortium of little-known individuals led by Dominic Chappell, a former bankrupt. ...
BHS battles to stay on the high street image
Source : Guardian [Read Article] Saturday 19th of March 2016 03:59:14 PM
....”. It has been reported that Green has made an offer to put £80m into the pension scheme, with £40m in cash and £40m from a loan against the assets of Green’s Topshop, Dorothy Perkins, Wallis and Evans empire. ...
Under cover of storm clouds, Osborne plans stealth tax subterfuge image
Source : Guardian [Read Article] Sunday 28th of February 2016 01:02:34 PM
.... It still sounds like a lot of money, but £1m in a pension pot translates into a retirement income of around £40,000 a year. And while this is a stupendously good pension when in all likelihood the recipient has very few outgoings, it captures thousands of middle-income earners, from deputy headteachers to BP engineers and Topshop store managers. ...
Finery to open in John Lewis as sales hit £5m in first year image
Source : Telegraph [Read Article] Sunday 7th of February 2016 09:08:03 PM
.... . The fashion brand was set up last year by Caren Downie, a former fashion director at Topshop and buyer at Asos, Nickyl Raithatha and Luca Marini, Harvard University friends and former colleagues at German tech firm Rocket Internet. ...
Steve Rowe: new M&S boss is company lifer who made his mark in food image
Source : Guardian [Read Article] Thursday 7th of January 2016 11:59:08 AM
....Dixon, who had been with M&S for nearly 30 years, had been viewed as the favourite to replace Bolland but he quit when it became clear that Rowe was the more likely successor. Rowe, a Millwall fan, began his retail career aged 15 as a Saturday boy at M&S’s Croydon store in south London, but joined Topshop as a trainee when he left school at 18. ...
How to survive the January sales image
Source : Guardian [Read Article] Saturday 26th of December 2015 06:00:16 AM
....“Whenever I’m buying things elsewhere I can’t help but convert it into charity shop currency. I’m that annoying person in Topshop going, ‘I could get 10 dresses in a charity shop for that!’”. ...
High street stores cut prices to compete for Christmas customers image
Source : Guardian [Read Article] Wednesday 16th of December 2015 07:04:35 PM
.... “They can’t seem to get off that track,” says Bubb. Philip Green’s Arcadia group stores – Evans, Wallis, Dorothy Perkins and Topshop – are all shouting about 30% discounts, as they have done at this time for the past two years. ...
Boxing day sales start early: High street stores slash prices ALREADY ahead of Christmas image
....". Which shops are already on sale?*Marks and Spencer is now offering unto 30 per cent off womenswear, menswear and children's clothing*Argos is offering half price on thousands of toys, as well as additional savings on TVs, games consoles and tech gadgets until Tuesday *Debenhams has half price gifts and womenswear*Gap, Banana Republic and Kurt Geiger have all started winter sales with up to 50 per cent off lines*Whistles is cutting up to 50 per cent off prices from tomorrow*Topshop has up to 30 per cent off party wear lines. ...

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