Summary
OPENING new stores and cutting down on debt will remain the focus for retail entrepreneur Sir Philip Green as his Arcadia fashion empire looks to weather the high street storm.
The group, owner of seven high street chains including Topshop, Burton and Dorothy Perkins, yesterday reported a 6.1 per cent slide in annual operating profits to GBP 275.3 million.See the full content of this document
Extract
Green to Battle Through Downturn
Sales in the 12 months to 30 August dipped 0.6 per cent to GBP 1.85 billion and were down 1.8 per cent in the first seven weeks of the new financial year.
Green said he expec...See the full content of this document
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