
UK retailer Philip Green has made billions by spotting bargains and putting his own money on the line. Now he is looking for a deal to take control of swathes of Icelandic investor Baugur's shopping empire.
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UK retailer Philip Green has made billions by spotting bargains and putting his own money on the line. Now he is looking for a deal to take control of swathes of Icelandic investor Baugur's shopping empire.
Retailer Philip Green has made billions by spotting bargains and putting his own money on the line. Now he is looking for a deal to take control of swathes of Icelandic investor Baugur's shopping empire.
Bhs Group, the department store chain owned by billionaire Philip Green, posted a 40 percent fall in full-year operating profit on Tuesday, and for the fourth year running Green decided not to take a dividend.
Clothing retailers, facing sharp cost increases, are planning a gamble that could backfire by raising prices next year in what could be one of the worst consumer downturns in 30 years.
Marks and Spencer shares bounced from a 7-1/2 year low on Tuesday on speculation the retailer might become a bid target, although billionaire Philip Green denied market talk he was buying a stake.
Billionaire businessman Philip Green on Wednesday rejected charges made by a newspaper that the Kate Moss clothes collection, sold by his Topshop retail outlets, was made in a Mauritian sweatshop.