Sir Philip Green
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Arcadia Group plans to close up to 260 stores

Clothing retailer Arcadia plans to close up to 260 stores over the next three years, its boss Sir Philip Green has told the BBC.

It comes as the company reported a fall in annual profits.

Sir Philip agreed that current trading conditions on the UK High Street were the worst he has ever seen.

Arcadia owns Burton, Dorothy Perkins, Evans, Miss Selfridge, Topman, Topshop, Wallis and BHS.

  • 24 Nov 2011