Dominic Chappell
This coverage examines the legal and financial repercussions of Dominic Chappell’s acquisition of British Home Stores (BHS) in 2015. Chappell, who purchased BHS for ยฃ1, was subsequently convicted for tax evasion, failing to pay approximately ยฃ584k in taxes on ยฃ2.2m of income derived from the deal. The collapse of BHS in 2016 led to 11,000 job losses and a ยฃ571m pension deficit. In 2024, the High Court ordered Chappell to repay at least ยฃ50m for wrongful trading and breach of fiduciary duty. This content provides insights into the legal proceedings and financial implications of Chappell’s actions, offering valuable information for retail professionals, legal experts, and business executives.
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Feb- 2018 -23 FebruaryDepartment Stores
Dominic Chappell fined ยฃ87,000 over pension scheme failure
Former BHS owner Dominic Chappell has been ordered to pay a total of ยฃ87,170 in fines and court fees after he was found guilty of failing to provide pensions information to The Pensions Regulator (TPR). In January, the one-time BHS owner was found guilty of failing to provide information about…
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23 FebruaryDepartment Stores
Dominic Chappell faces sentencing over pension investigation
The one-time BHS owner who purchased the ailing chain from Philip Green for a tiny sum before its collapse, Dominic Chappell, is expected to be sentenced in court today. He is accused of failing to provide information about the companyโs pension scheme after it went into administration in 2016. Chappell…
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20 FebruaryHigh Street
Philip Green says Arcadia sale rumours are โtotally falseโ
Sir Philip Green and board members at the Arcadia Group have denied reports of being in negotiations to sell the company to a Chinese firm. Reports on February 18 claimed that Green was looking to sell parts of, if not all of, his retail conglomerate which owns Topshop, Miss Selfridge,…
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Jan- 2018 -15 JanuaryDepartment Stores
BHS.com continues online revival with sales increase
BHS.com, the online-only reincarnation of collapsed department store chain BHS, has seen a 43% increase in sales for the final quarter of 2017. The increase was boosted by strong performances in its home accessories, lighting and womenโs sleepwear divisions, which saw sales increase by 43%, 57% and 107% respectively. The…
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