Owner, Arcadia Group
It’s been a busy year for high street personality, Sir Philip Green. First, he successfully transported Topshop to the US with the help of supermodel and friend Kate Moss, putting UK fashion firmly on the global map and proving that with the right investment British retailers can and do travel.
Next on the agenda was a clever cost-cutting merger of his Arcadia and Bhs businesses. Arcadia brands are now being sold on a concession basis within larger Bhs stores, which some say is a step on the road to Green creating a rival to department store chain Debenhams. Although still in the early stages, this could be the solution to giving Bhs a more profitable future as it shifts further away from its value rivals.
Green was vocal on the big issues facing retailers in the downturn, demanding monthly rents from landlords and saying that fewer, bigger stores was the future of the high street.