Latest news with #TinaGreen
Daily Mail
a day ago
- Business
- Daily Mail
Sir Philip Green, 73, displays his slimmed down frame as he soaks up the sun at the Hotel Eden Roc in France
Sir Philip Green displayed his noticeably slimmed down frame as he soaked up the sun at the Hotel Eden Roc on the French Riviera on Wednesday. The Topshop founder, 73, cut a casual figure in a white T-shirt and a pair of blue patterned shorts as he enjoyed a day at the beach. The businessman looked relaxed and carefree as he enjoyed the trappings of his still vast fortune. Philip was seen alongside Elliot Grange, the CEO of Atlantic Music Group and the husband of Lionel Richie 's daughter Sophia. Sir Philip and his wife Tina have been laid low in Monaco after the collapse of Arcadia Group, which fell into administration in 2020 at the cost of more than 700 jobs and 162 store closures, plus a £500million-plus pension scheme deficit. One of his last appearances was in October 2021, when he was seen snarling at photographers outside Harry's Bar, an exclusive London club. He was understood to have been on a brief visit to Britain, in part to have dental treatment. The mogul was accompanied by Tina, who was named in 2020 in the explosive Pandora Papers about offshore tax havens. The leaked documents appeared to show that she bought four multi-million-pound properties while BHS – the department store she once owned with her husband – teetered on the brink of collapse. Arcadia's assets, including the luxury furnishings of Sir Philip's boardroom, were sold, the Topshop brand was acquired by online retailer Asos, and Ikea moved into the Oxford Street building following its £378 million sale. Arcadia also oversaw the chains Dorothy Perkins, Burton and Miss Selfridge. The Greens previously sold BHS for £1 to former bankrupt Dominic Chappell, who was last year sentenced to six years in jail for tax evasion over the 2015 sale. The chain collapsed the following year, and MPs subsequently dubbed Sir Philip 'the unacceptable face of capitalism' over the affair. Despite the fall of the one-time high street retail king, the Greens are still worth £910 million, according to The Sunday Times Rich List, and continue to enjoy the trappings of their wealth.
Daily Mail
10-05-2025
- Business
- Daily Mail
Wife of retail baron Sir Philip Green in lucrative property deal
As TopShop is poised for a High Street comeback, the wife of retail baron Sir Philip Green has made a lucrative property investment near the chain's former flagship store on London's Oxford Circus. Monaco-based Tina Green, 75, owns 20 flats in a complex near Marble Arch via her Guernsey-based vehicle P17 Investments, The Mail on Sunday can reveal. Lady Green owned Topshop's parent company Arcadia, which was run by her husband. She bought the leasehold apartments at Garrett Mansions, off Edgware Road, in August 2020, three months before Arcadia was put into administration. Stores were closed during the second coronavirus lockdown in November 2020 with the loss of 13,000 jobs, and the brand names sold to online competitors. Apartments at Garrett Mansions, which has a pool, spa and gym, sell for £1.4 million. It would make Lady Green's investment worth as much as £28 million. Topshop returned to physical retail for the first time in four years with a one-day, pop-up event yesterday in Shoreditch, East London, ahead of a rumoured High Street comeback.
