Daily Insights
for Business Leaders
The collapse of Green's empire? Over 20 stores set to close

Topshop

Executive Grapevine | Executive Grapevine International Ltd

The collapse of Green's empire? Over 20 stores set to close

Sir Philip Green has a constant string of scandals and business issues, from BHS pension issues and #MeToo cases, to recent scandals of buying lavish yachts while underpaying workers’ pensions. It’s fair to say the Topshop tycoon would not be the best boss to have. The issue is, for a lot of people, he won’t be their boss any longer.

Green has announced plans to close another 23 stores, risking the jobs of around 520 people as part of his elaborate ‘rescue plan’. As Chairman of the Arcadia Group, a retail giant who own the likes of Dorothy Perkins and Topshop, he has claimed that this closure will ‘adequately protect’ the pensions of employees.

To continue reading FREE content

For news and offers direct to your inbox and online, pop your details below.

Register

* By registering you agree that you have read and agree to our Terms and Conditions and that Executive Grapevine International Ltd and its partners may contact you regarding relevant content and products.

If you find yourself asked to register again, please make sure that your browser cookie is enabled.

We would like you to become part of Executive Grapevine and join one of the fastest growing and engaged online communities of Business Leaders and Entrepreneurs in the UK. Thousands of our readers, people just like you, have already registered with Executive Grapevine and we would like you to join in - its FREE!

However, an EU regulation coming our way means that to continue hearing from us, you will need to become a registered user. No matter the outcome of BREXIT, this regulation will apply to us while we remain in the UK and perhaps beyond.

Access across the Executive Grapevine site will continue to be free of charge once you register.

Every reader we retain, is very important to us, and we would appreciate you taking the time to Register with us now.

Be the first to comment.

EG - 40 Years of Excellence

Related Content

Bad boss | The most ANNOYING thing a boss can do is…
A recent LinkedIn Learning study quizzed 2,968 professionals about the...
    | Feature
  • | 5
  • | 1

Odgers Connect

Insight

Promoted by Odgers Connect
Executive Grapevine | Executive Grapevine International Ltd
How to unite culture and transformation

CEO | Top 50 CEOs of 2019 according to employees
Is your CEO on here? These people have the best ratings on...
    | News
  • | 2

Most Read This Week