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Philip Green

Philip Green

0% | $ 0M
P. Green
Rank
#0
Net Worth
$00.0B
Gender
Male
Age
73Y
Country
United Kingdom
Born On
March, 1952
Deceased
No
Relationship Status
Married
Children
2
Education

Unknown

Designation Info :

Self-Made
Yes
Type
Self-Made (Retail)
Organization Name
Arcadia Group
Title
Former Chairman
Source

Arcadia Group

Industry
Fashion & Retail

About P. Green


S ir Philip Green is a controversial British businessman who was once hailed as the 'King of the High Street' for his dominance in the UK retail sector. He began his career importing and selling jeans before starting his own ventures. His rise to prominence began in the 1990s and accelerated in 2000 when he acquired the struggling department store British Home Stores (BHS) for £200 million. He quickly turned the company's fortunes around. Two years later, he acquired Arcadia Group, which owned a portfolio of popular high-street fashion brands including Topshop, Topman, Dorothy Perkins, and Miss Selfridge.

At the height of his success, Green was a celebrated figure, known for his lavish lifestyle and aggressive business tactics. However, his reputation suffered immensely in the 2010s. The collapse of BHS in 2016, just a year after he sold it for a nominal £1, triggered a massive scandal over the company's huge pension deficit, which affected thousands of former employees. Amid public and political pressure, Green eventually paid £363 million to help shore up the pension fund. His Arcadia Group also struggled with the shift to online shopping and changing consumer habits, ultimately falling into administration in 2020. These events led to widespread criticism and calls for him to be stripped of his knighthood.

Quick Reads


  • Former owner of the Arcadia Group, which included Topshop, Topman, and Dorothy Perkins.
  • Previously owned the department store chain British Home Stores (BHS).
  • His reputation was severely damaged by the collapse of BHS and its pension scandal.
  • Once a dominant figure in UK retail, known as the 'King of the High Street'.
  • His wife, Tina Green, is the legal owner of many of the family's assets and resides in Monaco.

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