Philip & Cristina Green

Fast fashion retailer Primark has said that store closures caused by European lockdowns will mean that it will have missed out on over $1.4 billion in revenues but stressed that it remains committed to its stores-only strategy and does not intend to sell online.

U.K. fashion and food retailer Marks & Spencer (M&S) is closing in on a deal to buy Jaeger, the loss-making fashion brand which is among a host of U.K. fashion retailers that have fallen victim to the impact of the coronavirus pandemic.

The U.K.’s fashion retail sector is facing an unparalleled crisis in the run-up to Christmas,. Long-standing retail giants are tumbling on an almost daily basis following a two-week bloodbath that saw Debenhams go bust this morning, less than 24 hours after Arcadia Group went into administration.

Topshop tycoon faces fight to save his Arcadia retail empire after failing to secure emergency loan.

A workers advocacy group has accused Green of passing on the financial burden of the coronavirus crisis on his clothing retailer to garment workers who earn less than a dollar an hour after it cancelled orders for goods already made and shipped.

The Arcadia retail group at the heart of billionaire Sir Philip Green’s fortune has accepted U. K. “government support” to pay its entire shop staff during the coronavirus pandemic.

The fashion retail tycoon behind Topshop and other brands has been struggling for years. The coronavirus pandemic places a particularly tough burden on the company and on its reputation, analysts say.

The world's wealthiest families are enroute to St. Barths, and neighboring islands Antigua and St. Maarten for New Years 2020. This is the complete list of owners and their yachts.

British billionaire Sir Philip Green has notched another victory in his aim to save his flagging retail empire.

British business has reacted positively to the news that Boris Johnson’s Conservative party won a convincing majority in the U. K. this morning.

Billionaire retail mogul Sir Philip Green has been told to come clean over the size of the hole in his Arcadia group’s pension pot by British politician Frank Field.

Billions have been wiped from the fortune of the man once celebrated as “king of the high street”. New financials reveal Sir Philip Green is having an exceptionally bad year.

Billionaire couple Philip and Cristina Green have been warned that the U.K. pensions watchdog can pursue them across jurisdictions if they fail to deliver their promise to inject personal cash into their retail empire’s flagging retirement scheme.

Beleaguered British retail supremo Philip Green faces another bruising week on both sides of the Atlantic as clouds gather for the businessman knighted for “services to the retail industry”.

The owner Richer Sounds, one of the U.K.'s largest electronics retailers has given 60% of his business to employees while ensuring that a percentage of annual profits go to charity, a move hailed as an example of modern corporate governance.

South African billionaire retail mogul Christo Wiese is among bidders looking to acquire British Home Stores (BHS), a British department store chain.