Sir Philip Green to offer 1,000 BHS staff jobs at Arcadia retail empire

Sir Philip Green is to offer 1,000 BHS staff jobs at his Arcadia retail empire, a week after being grilled by MPs over the department store chain’s collapse.
The workers are currently employed at Arcadia concessions, such as Dorothy Perkins and Wallis, within BHS outlets.
It is understood that the Topshop billionaire has also instructed his lieutenants to assist some of the 10,000 remaining BHS workers find new jobs.
During a parliamentary hearing last week, Sir Philip apologised to the staff of the collapsed retailer and admitted that he sold the business to the “wrong guy”, adding that he will “sort” the firm’s pension scheme which has a £571 million black hole.
Sir Philip has come in for criticism for taking around £400 million in dividends out of BHS during his 15-year ownership and for selling the firm to former bankrupt Dominic Chappell for £1 in 2015.
On Tuesday, MPs from the Business and Pension Select Committees wrote to his wife, Lady Tina Green, to demand answers over the “complex web” of businesses owned by the family in the wake of the BHS scandal.
The 163-store chain is in the process of being wound down by administrator Duff & Phelps.

This entry was posted in Retail, UK. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s