Business
The Topshop retail empire of UK billionaire Sir Philip Green teeters on edge – Sydney Morning Herald
The retail empire of tycoon Sir Philip Green, which owns well-known British fashion chains like Topshop, appears to be on the brink of collapse following the economic…
In a statement, the group sought to blame the virus for its woes. It said the “forced closure of our stores for sustained periods as a result of the COVID-19 pandemic has had a material impact on trading across our businesses.
However, it stressed that its brands continue to trade and that its stores will be opening again in England as soon as coronavirus restrictions are lifted next week.
England is in a four-week lockdown that has forced the closure of all shops selling items deemed to be non-essential….
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