Recent reports suggest substantial loss faced by Sir Philip Green’s Arcadia Group. Sources allege, a loss of about 169 million pounds when it narrowly escaped a complete collapse previously in June. According to figures released by Arcadia’s holding company Taveta Investments Ltd, the turnover of the company descended to 4.5% to 1.81 million pounds. On the other hand, the operating profit also sank to 78.1 million pounds from 124.1 million....
Tags : Philip Green,
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