Philip Green

Last week, Arcadia Group CEO Sir Philip Green announced that he had taken a 25 percent stake in, an Australian flash-sales site aiming to reach revenues of about $300 million this year. "[It's a] very, very interesting space. I like the business model, and the reverse season," Green told Women's Wear Daily. The site owns only

Rihanna is suing British retail giant Topshop — chaired by billionaire Sir Philip Green — for $5 million for selling T-shirts bearing her image without her consent. A source exclusively told the New York Post the superstar's team had tried to negotiate with Topshop owners Arcadia Group for eight months over the rights to her image, "but they offered her $5,000 and said they don't care." Rihanna, 25, has hired international law firm Reed Smith to file the suit in London.

British fashion mogul Sir Philip Green plans to open 10 more Topshop stores in the U.S. within two-and-a-half years, after launching its first California branch in Los Angeles last week. Topshop, which is part of Green's fashion conglomerate Arcadia Group, also has branches in New York, Chicago and Las Vegas, as well as a partnership with upscale fashion department store Nordstrom.

LONDON, Dec 13 (Reuters) - British fashion chain Topshop, part of the Arcadia retail conglomerate owned by billionaire Philip Green, will open its first store in China in May 2013, the company said on Thursday. The high street retailer, which already...

Philip Green, the billionaire owner of the Arcadia fashion business, is in advanced talks to sell a 25 percent stake in the Topshop and Topman chains to Leonard Green & Partners LP, said a person familiar with the matter. The deal is scheduled to be...

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