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Tag: philip

Sir Philip Green criticised for pursuing taxpayer cash to furlough staff

Some Arcadia staff had gone back to work after the reopening of 631 stores, while others remained furloughed // Arcadia owner Sir Philip Green has been criticised for taking millions of taxpayers’ cash to furlough staff // Arcadia furloughed 14,500 staff in April under Rishi Sunak’s coronavirus job retention scheme Sir Philip Green has reportedly …

Sir Philip Green criticised for pursuing taxpayer cash to furlough staffRead More

Philip Green asks for taxpayer support to prop up Arcadia | Business

The billionaire retailer Philip Green is asking for taxpayer help to prop up his crumbling fashion empire, with 14,500 employees set to be paid out of the government’s emergency wage support scheme. Like other fashion retailers, Arcadia, which owns brands including Topshop, Dorothy Perkins and Miss Selfridge, is facing financial turmoil as the lockdown prevents …

Philip Green asks for taxpayer support to prop up Arcadia | BusinessRead More

Philip Green urged not to use coronavirus as ‘excuse’ over pensions | Business

Sir Philip Green has been urged not to use coronavirus as an “excuse” to stop payments into the Topshop retirement scheme, according to a pensions expert who called on the billionaire’s Monaco-based wife, Tina, to plug any shortfall. Arcadia Group, the parent company of the Green family’s retail empire, is planning to halt cash injections …

Philip Green urged not to use coronavirus as ‘excuse’ over pensions | BusinessRead More

Philip Morris creates new Americas CEO role to ease roll out of Iqos

Martin King, CEO of PM Americas Source: Philip Morris Philip Morris International announced Monday that it is creating the role of CEO of Philip Morris America to lead the companies rollout of Iqos, a heated tobacco product in the United States. Martin King will transition from Philip Morris International chief financial officer. Emanuel Babeau will …

Philip Morris creates new Americas CEO role to ease roll out of IqosRead More

Sir Philip Green assault case dismissed in US | Business

Sir Philip Green will no longer face charges of misdemeanour assault in the US, after four counts alleging he repeatedly touched a pilates instructor inappropriately were dismissed. Green had been formally charged with “knowingly touching another person with the intent to injure, insult or provoke” in May last year. However, at the request of the …

Sir Philip Green assault case dismissed in US | BusinessRead More

Philip Green’s Arcadia closes more stores after tough Christmas | Business

Sir Philip Green’s Arcadia Group, the owner of Topshop, Topman and Dorothy Perkins, is closing a fresh wave of stores in the wake of a tough Christmas. The company, which also owns Evans, Burton, Miss Selfridge and Wallis, has quietly confirmed the closure of at least 12 sites in the last few weeks, including one …

Philip Green’s Arcadia closes more stores after tough Christmas | BusinessRead More

Karren Brady: as a feminist, I couldn’t carry on working for Philip Green | Business

Karren Brady, the businesswoman star of television’s The Apprentice, has said she resigned from the board of Sir Philip Green’s retail empire because the allegations being made against the high street tycoon were incompatible with being a feminist. The comments come almost a year after Lady Brady had resisted calls to sever her links with …

Karren Brady: as a feminist, I couldn’t carry on working for Philip Green | BusinessRead More

Philip Green secures last-ditch £310m Topshop mortgage deal | Business

Sir Philip Green has secured a last-ditch £310m mortgage deal for his flagship Topshop store on Oxford Street in London with the US private equity company Apollo Management International. The deal will be a relief to Green’s family business, which owns Arcadia Group, the parent company of high street brands including Miss Selfridge, Wallis and …

Philip Green secures last-ditch £310m Topshop mortgage deal | BusinessRead More