Connect with us

Hi, what are you looking for?

Jewish Business News


Who Will Buy BHS Stores from Sir Philip Green?

Matalan and Tony Brown might be interested in some or all of BHS.

Sir Philip Green

In a tough environment for retailers, Sir Philip Green who owns BHS stores under the umbrella of the Aracadia Group announced early in the year that he was contemplating a major restructuring. Closes source to Sir Green say a deal could surface in the next few days, although negotiations and final agreements will have to be made.

The rumors have been swirling, including some indicating housewares will be the main focus and fashion will be in the background, the flagship of the Miss Selfridge and Top Shop brands will be sold to a private equity group, while others says BHS will focus on selling individual stores.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at
Thank you.

ThisisMoney reports that Matalan might want to expand its footprint in more central locations through buying up BHS stores in hot spots, such as Oxford Street, London.

The Telegraph’s Ben Marlow speculates that Tony Brown, ex senior director at BHS might be working with Alteri investors, a fund within the Apollo private equity family, to buy up BHS. Brown has been a retail turnaround artist in Britain, working a CEO of Beales after leaving BHS. After increasing Beales’ store count, he worked at Peacocks, which was bought by Edinburgh Woolen Mill and then at 99p Stores, which was taken over by Poundland.



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The Movie The Professional is what made Natalie Portman a Lolita.


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.

Copyright © 2021 Jewish Business News