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Green's in the money

Last updated: 2003-11-07

Philip Green

Philip Green

Retail tycoon Philip Green awarded himself £203m last year and hinted that despite his recent pull back from buying supermarket chain Safeway, he could be interested in some other stores.

Since taking over BHs when it was struggling in 2000, Green, 52, has worked wonders for the clothing and homewares chain and made it a profitable concern.

Last year, Green snapped up Arcadia, the Top Shop to Burton fashion chain and has more than doubled its profits, from £108.5m to £227.9m,

As a dealmaker, there has been recent speculation as to what Green's next move will be. Despite his dropping of a Safeway bid, city experts suggest that he could be interested in another supermarket chain - Sainsbury. Another name associated is Woolworth while there are some who suggest he may revisit Marks & Spencer.

"We’ll see how Christmas goes then we’ll take another look," he said.

Before buying BHs, Green was linked to a bid for the clothing to food chain.