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Rise and fall of Sir Philip Green with shops in Norfolk


Published:
5:53 AM February 2, 2021
  
The rise and fall of Sir Philip Green; how did he go from being such a successful retail billionaire to seeing his empire collapse?
- Credit: Archant library/PA
The Topshop brand has been bought by Asos but stores are to close. However, Asos is considering whether to retain the famous Oxford Circus shop.
- Credit: PA
Sir Philip was born in 1952, the North London son of a man who owned property, garages and electrical businesses. He left school with no O-levels, but quickly perfected the art of being a trader; learning to buy cheap and sell for a profit. This inherent principle saw him make his first big money from the acquisition, aged just 34, of a jeans firm which had gone bust. He ended up borrowing £1m to buy the firm with 400,000 pairs of jeans which he eventually sold, together with another jeans firm, for a whopping £7m in 1986. He d proven he had the flair to make good money from bad. ....

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