Topshop owner Philip Green makes list of stores he wants to abandon March 28, 2019 Embattled retail boss Sir Philip Green is reportedly looking to sever his ties with as many as 67 Arcadia stores in a bid to save the troubled fashion firm. According to reports in today’s FT, a swathe of high street and shopping centre stores under Green’s Arcadia group – which includes Topshop and Dorothy Perkins [...]
Sir Philip Green sells former BHS headquarters for £44m March 10, 2019 Retail tycoon Sir Philip Green has sold a former BHS headquarters in London as his fashion empire Arcadia faces challenges on the high street. Green, who has been under fire over allegations of racial abuse and sexual harassment – which he denies – has sold Marylebone House to property investment company Aprirose for £44m. Read more: [...]
Horrible bosses: How retailers can clean up their image March 7, 2019 It seems like a case of “another day, another scandal” in the retail industry at the moment. This time it’s Ted Baker founder and CEO, Ray Kelvin, who has been accused of “forced hugging”. While I can’t comment on the innocence (or otherwise) of the shamed chief, he joins a growing list of alleged wrong [...]
Gagging orders face the ban amid allegations against Sir Philip Green March 3, 2019 Leading politicians have vowed today to ban controversial “gagging orders” that have risen to prominence in the wake of recent harassment allegations made against retail tycoon Sir Philip Green. Ministers have revealed sweeping plans this morning to tighten rules around non-disclosure agreements (NDAs), which have been at the centre of bullying claims surrounding the Topshop owner [...]
Top financial PR firm cuts ties with Sir Philip Green amid conduct allegations February 27, 2019 Sir Philip Green’s financial PR firm is set to jump ship tomorrow in the latest corporate blow to the embattled mogul, just days after Baroness Karren Brady quit as chair of his retail empire. City A.M. understands that Green’s communications consultancy Maitland/AMO is ending its relations with the scandal-hit tycoon tomorrow evening amid mounting public [...]
Karren Brady’s resignation is a warning to unscrupulous leaders like Philip Green February 26, 2019 The scandal surrounding Sir Philip Green, the retail tycoon behind high street chains such as Topshop, Miss Selfridge and the now-liquidated BHS, just keeps playing. Since last August, when the Daily Telegraph was first barred by a legal injunction from reporting allegations of misconduct against Green, fresh accusations have continued to surface, from sexual harassment to [...]
MPs ratchet up the pressure on Sir Philip Green after Karren Brady resignation February 25, 2019 Sir Philip Green’s retail empire is facing the renewed scrutiny of politicians this afternoon after Baroness Karren Brady resigned from her role as chair of Arcadia. Brady, who had vowed weeks ago to stay in her post out of "a real sense of duty", has stepped down as non-executive chairman of Taveta, the holding company [...]
Karren Brady quits her role as chair of Sir Philip Green’s retail empire February 25, 2019 Baroness Karren Brady has resigned from Sir Philip Green’s retail investment firm just days after saying she owed it to staff to stay at the company. Brady has quit her post of non-executive chairman of Taveta Investments, the company behind Sir Philip’s Arcadia Group, which includes such brands as Topshop, the firm announced this morning. [...]
MPs call for Sir Philip Green to be stripped of his knighthood February 13, 2019 Sir Philip Green faces fresh calls to have his knighthood stripped amid claims he groped a female executive and made a racial slur at an employee. A cross-party group of MPs is exploring ways to strip the Topshop tycoon of the honour and title. Former business minister George Freeman said he would be “formally asking” [...]
Sir Philip Green accused of sexual and racial abuse and making £1m payouts in exchange for silence February 9, 2019 Topshop billionaire Sir Philip Green paid a female employee £1m to keep quiet after she accused him of kissing and groping her, according to a report in the Daily Telegraph. The paper alleges that Sir Philip called the senior female member of staff a “naughty girl” and made comments about her weight. It reported that [...]