Sir Philip Green’s BHS remains the place on the British high street to buy anything from lingerie to coffee tables. Since investing heavily in new stores and refurbishment, the company has continued to compete with the likes of Marks & Spencer and Debenhams. Green, whose family also owns the Arcadia fashion group (No18 in this list), invested £10m in a Fashion Retail Academy in 2006 to develop a new pool of talent for his companies. Sales dropped £12m to £860m in 2008, in retail conditions that Green recently described as “horrible”. It was reported in February that the operations of BHS may soon be integrated with those of Arcadia.
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