Philip Green is trying to quietly vacate one in 10 of his high-street stores before launching a controversial restructuring of his Arcadia fashion empire.The embattled billionaire is working on a plan that will enable his retail group, which includes Topshop and Dorothy Perkins, to close its worst-performing outlets and slash rent costs.On Thursday, it emerged that a list of 67 of the more desirable stores within Arcadia’s 570-strong network is currently being shared in property circles to see…
Source : South China Morning Post
Read more…Billionaire Philip Green tries to ditch stores before Arcadia restructure















