Tag : Sir Philip Green
BHS seeks cheaper rents as turnaround continuesSubscription
BHS has hired financial services firm KPMG to help cut its rent bill on more than 30 “problem” stores as part of its turnaround plan.
BHS’s biggest creditor plans to abstain from the vote on its company voluntary arrangement (CVA) proposals on Wednesday, according to reports.
The boss of BHS’s owner, Retail Acquisitions, Dominic Chappell, has blamed Sir Philip Green for the department store chain’s collapse, as news emerged that Edinburgh Woollen Mill is eyeing the retailer’s stores.
A BHS spokesman poured cold water on the notion that Dominic Chappell, the twice-bankrupt former racing driver and leader of Retail Acquisitions, will buy back the business from administrators.
Sir Philip Green hits out at 'trial by media'Subscription
Former BHS owner Sir Philip Green has accused MPs of “leaping to conclusions” and giving him a “trial by media” over the high street chain’s collapse last month.
Mike Ashley to give evidence over BHS collapse Subscription
Sports Direct owner Mike Ashley is to give evidence to MPs over the collapse of BHS.
There is a team currently working to resolve the issue of the insolvent BHS pension scheme and deliver a better outcome than the Pension Protection Fund (PPF) can, Sir Philip Green told the business, innovation and skills (BIS) and work and pensions select committees this morning.
Arcadia is aiming to redeploy around 1,000 workers who were employed at its concessions within BHS stores.
Lesley Titcomb, the chief executive of The Pensions Regulator, will appear before MPs tomorrow to give fresh evidence relating to the collapse of BHS and its pension deficit.
BHS ‘debacle’ gives business a bad name, say MPsSubscription
“The City is furious with your behaviour, giving the image that business is not about creating wealth or jobs but nicking money off people,” said Frank Field, chair of the work and pensions select committee, to Arcadia Group finance director Paul Budge at the latest BHS evidence session today.