Sir Philip Green battles to save a business that now includes Topshop, Evans and WallisArcadia: from its roots with Burton in 1903 to near collapseSir Philip Green’s Arcadia Group traces its history back more than 100 years. 1903 Menswear brand Burton Group founded in Chesterfield by Lithuanian émigré Montague Burton. 1997 Burton Group spun off its Debenhams department store chain and was renamed Arcadia Group. 2002 Philip Green bought Arcadia Group for £850m through his Taveta Investments company. He decamped to Monaco and hired City experts to find a way to turn around the now-struggling Arcadia Group.

Source: The Guardian June 12, 2019 10:25 UTC