The Retail Trust raised £780,000 at its 175th anniversary annual ball last night.
Retail Trust chief executive Nigel Rothband said: “It was a fantastic night and we were extremely delighted with the money we raised.”
The biggest lot in the annual auction was a Honda Civic Hybrid car which was bought several times over by Baugur, Jaeger owner Harold Tillman and Arcadia owner Sir Philip Green, who eventually topped the sale price up to £175,000 to celebrate the Trust’s 175th anniversary.
Another bidding frenzy kicked off for dinner with Marks & Spencer chief executive Sir Stuart Rose and Arcadia boss Sir Philip Green. The prize snowballed to include Jaeger owner Harold Tillman and his friend and chair of the London Organising Committee for the Olympic Games Lord Seb Coe. Dinner will take place in Paris after Green promised to fly the winning bidder to the French Capital on his private jet.
EB Design secured the dinner for £40,000 while McCarthurGlen paid £20,000 for the privilege of a second dinner with Rose and Green at a later date.