HOME   CONTACT US     JOIN OUR FREE MAILING LIST   JEWISH BLOGS www.somethingjewish.co.uk

  

LIFESTYLE

Last Updated: 07/11/2003
Green's in the money
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.

Back to top ^^

 Featured Sites
  Jewtastic
  JewishJokes
  SomeoneJewish
  Jewish.net
  JewishReunion
  JewishSingles
  JewishDating
  JewishBlogging
  DailyJews