Philip Green reckons Arcadia Group is probably the best-performing private retail group in the world today. Although sales only rose £12m to £1,657m in 2004, operating profits have more than doubled to £280m in the 22 months since Green bought the group behind high-street chains such as Topshop, Miss Selfridge and Burton for £866m in October 2002. The company has been focusing on selling its in-season stock faster, which has meant less reliance on discounted sales, and Green has installed a separate team at each of the chains to ensure their own brand identity. In April, Green bought the UK stores of French retailer Etam, which will further boost the company’s formidable high-street presence.
This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.