Not only has Sir Philip Green obtained celebrity status in the tabloids this year, he also took a leading role in shaping the future of the sector through these turbulent times.
In October he flew on a private jet with Baugur founder Jon Asegir Johannesson to mount a rescue for its numerous retail interests, which include Oasis, Warehouse, Principles, Karen Millen and Jane Norman. Green’s interest was genuine but it also pricked the ears of private equity funds that subsequently threw their hat into the ring and Green’s approach looks likely to have secured the future of these brands in some form or another – vital for the health of the UK high street. Since then, Green has taken a 28% stake in Moss Bros and may attempt a full takeover of the chain to exploit its hire business with Burton and Bhs.
Aside from this, the “retail emperor” is at the forefront of a campaign for monthly rents to ease retailer cashflow difficulties and he has also led the way in how to pass on the Chancellor’s recent VAT cuts, all while achieving record results at his Topshop, Topman and Miss Selfridge chains in between being photographed holidaying with Kate Moss and Sylvester Stallone.