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Sir Philip Green relaxes in Monaco as 15,000 Arcadia Group staff face losing their jobs

Dorothy Perkins Philip Green Monaco city Monaco Coronavirus BBC reports Inside

30.11.2020 - 00:42

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Sir Philip Green has been seen relaxing in Monaco amid reports that his retail empire "could fall in hours". The retail tycoon was pictured wearing a face mask and apparently talking into a phone along a road in the tax haven.

He has reportedly been relaxing on his £100 million super yacht while his retail empire is understood to be on the brink of collapse.

The Arcadia Group, which includes Topshop, Burton and Dorothy Perkins, could enter administration as early as tomorrow, putting up to 15,000 jobs at risk.

In a statement on Friday, the company said it was working on "contingency options to secure the future of the group’s brands".

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