Philip Day
This coverage examines Philip Day’s influence in the UK retail sector, spotlighting his leadership roles across brands like Edinburgh Woollen Mill. Reporting delves into his acquisitions, turnaround efforts, financial strategies, and impact on retail operations. Designed for executives, investors, and retail professionals tracking senior leadership and strategic change in heritage and value retail.
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Jan- 2019 -31 JanuaryClothing & Shoes
Arcadia fined £450k after girl fractures skull in Topshop
Philip Green’s retail group Arcadia has been fined £450,000 after a 10-year-old girl was hit on the head by a queue barrier in Topshop, resulting in a fractured skull. The incident happened at Glasgow’s Silverburn shopping centre in February 2017 when the girl, now aged 12, was shopping with her…
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28 JanuaryClothing & Shoes
Philip Green ends legal challenge against Telegraph
Sir Philip Green has ended his legal action against the Telegraph over its accusations of sexual harassment, bullying and racism made against him. The accusations, which Green denies, came to light when Lord Peter Hain named him in Parliament after an injunction had prevented the Telegraph from identifying the businessman…
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Dec- 2018 -17 DecemberHigh Street
Dominic Chappell fined £124k for breaking pensions law
Former BHS owner Dominic Chappell has been fined £124,000 by the Hove Crown Court for breaking pensions law. According to Sky News Chappell was found guilty of withholding documents on the company’s pension scheme from the The Pensions Regulator (TPR) after it went into administration, and was re-sentenced on Friday…
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Oct- 2018 -29 OctoberGovernment
Chancellor to propose £900m rates relief plan for smaller retailers
Chancellor Philip Hammond is expected to announce a rates relief for retail SMEs and relax town planning rules on the high street. The budget announcement will be made today (29 October) and Hammond is expected to cut business rates by 33% for 496,000 small retailers, saving £900m. It is also…
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Sep- 2018 -21 SeptemberGovernment
Dominic Chappell loses appeal against BHS conviction
Dominic Chappell, the former director and majority shareholder of the company that bought BHS, has lost his appeal against his conviction and sentence for failing to hand over information to The Pensions Regulator (TPR). In January, Chappell was convicted at Brighton Magistrates’ Court by District Judge William Ashworth of three…
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18 SeptemberHigh Street
Former BHS owner warned not to ‘rewrite history’ in court
Dominic Chappell, the former owner of collapsed retailer BHS, has been warned against making a “cynical attempt to rewrite history” in an appeal hearing against his conviction earlier this year. In January, Chappell was found guilty of three charges of neglecting or refusing to provide information and documents, without a…
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Aug- 2018 -16 AugustDepartment Stores
Philip Day eyeing House of Fraser stores
Philip Day, the owner of Edinburgh Woollen Mill is reportedly in talks with landlord groups regarding a takeover of several House of Fraser stores. Day is talking to 10 to 15 landlords with a view to running them as Days Department Stores according to Drapers. Rents and leases on House of…
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10 AugustDepartment Stores
House of Fraser site offline as administration threatens 17,500 jobs
House of Fraser has appointed administrators after talks with investors and creditors were “not concluded in a solvent solution”. The department store currently employs 17,500 people across its 59 stores of which 31 have already been earmarked for closure. Despite the administration all House of Fraser stores are expected to…
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9 AugustDepartment Stores
House of Fraser sets new deadline to secure funds
House of Fraser has set itself a new deadline to secure funding to avoid collapse. In a statement to the Luxembourg Stock Exchange, the company said that it would require an investment no later than 20 August. Earlier reports said the department store would make a final decision on its…
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9 AugustDepartment Stores
House of Fraser fate could be decided today
A decision could be made on the future of House of Fraser today as its creditors assess takeover bids made by Sports Direct’s Mike Ashley, retail tycoon Philip Day, and retail turnaround fund Alteri Investors. According to Sky News, PwC spent Wednesday (8 August) afternoon negotiating on the 169-year-old’s department…
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