
Sir Philip Green's retail empire on the brink as decision on closure plans is adjourned
The IndependentFor free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The future of Sir Philip Green's retail empire remains in doubt after a crunch meeting with landlords was adjourned for a week. Jonathan De Mello, a director at retail consultancy Harper Dennis Hobbs, said large landlords feel that Sir Philip has already “played hardball” over rent rises in the past. “Landlords feel that Philip Green wants to get out of certain liabilities but they feel they have reduced rents enough.” If Sir Philip's Arcadia group were to enter administration it would become the most high-profile in a series of retail collapses. News of the agreement came shortly after the watchdog ordered Sir Philip to pay in an extra £50m in order to secure its support for Arcadia's CVA.
History of this topic

The rise and fall of Sir Philip Green
The Independent
Sir Philip Green's Arcadia to suspend pension payments
The Telegraph
Sir Philip Green offers more money in last-ditch attempt to save Arcadia retail empire
The Independent
Sir Philip Green: What does he own and how much is his business empire worth?
The Independent
Sir Philip Green suffers profit tumble. Now, who's going to get Top Shop back on track?
The Independent
Sir Philip Green’s £100m superyacht could be seized to fill BHS pension black hole
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Sir Philip Green could be forced to pay into BHS pension scheme
The Independent
MPs vote unanimously to strip Sir Philip Green of his Knighthood
The Independent
Sir Philip Green: Permatan king of retail with a reputation in tatters
The Independent
Sir Philip Green: Permatan king of retail with a reputation in tatters
The Independent
Sir Philip Green claims he moved to Monaco for health reasons
The Independent
Sir Philip Green says he has been ‘vilified’ by MPs over BHS controversy
The Independent
Select committee chairman attacks Sir Philip Green ahead of BHS probe
The Independent
The urgent questions Sir Philip Green needs to answer before MPs
The Independent
Sir Philip Green – the man who turned the hard work of the British high street into glittering parties
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