Tag archive for ‘Philip Green’
News Brief On Friday, June 24th, 2016

U.K.’s Richest Lose $5.5 Billion on Britain’s Vote for Brexit, Bloomberg

  Britain’s 15 wealthiest citizens had $5.5 billion erased from their collective fortune Friday after the country voted to leave the European Union. Britain’s richest person, Gerald Grosvenor, led More...

Sir Philip Green
Vered Weiss On Sunday, March 8th, 2015

Who Will Buy BHS Stores from 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 More...

Vered Weiss On Tuesday, January 27th, 2015

Sir Philip Green Wants to Sell BHS, But Will There Be a Buyer

It doesn’t come as a surprise that Sir Philip Green, who owns Arcadia Group, wants to sell BHS, but the question is, will there be a buyer? In a difficult environment for British retailers, with More...

Vered Weiss On Monday, January 26th, 2015

Sir Philip Green May Have to Sell BHS Group

Sir Philip Green, Great Britain’s 16th richest man, may be selling off BHS Group, which he bought in 2000, because of the company’s continued losses, as reported by the BBC. BHS, whose More...

Vered Weiss On Wednesday, December 24th, 2014

Sir Philip Green Loses a Bundle as MySale Shares Fall to Bargain Basement

Shares of MySale, an Australian-based company that sells heavily discounted fashions, tumbled after management gave a profit warning on slower sales in Australia, as reported by the Financial Times. Sir More...

Vered Weiss On Tuesday, November 25th, 2014

Sir Philip Green’s Retail Stores Challenged in the U.K.

–   Sir Philip Green’s Arcadia has seen sales increase but profits fall, according to the Telegraph. Increasing competition and the changing environment for retail were factors identified More...

Clive Minchom On Friday, May 24th, 2013

Rihanna is Hot and Don’t You Forget It ! Sues Topshop for £ 3.5 million

– Celebrities like to control their image and music superstar Rihanna is no exception; it has now emerged that she is suing the major British fashion chain Topshop for making her look ugly with this unauthorized More...

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