Blog: Leonie BarrieImpressive advances at Arcadia

Leonie Barrie | 24 October 2003

Going back to basics has paid of handsomely for retail entrepreneur Philip Green who has almost doubled annual profits at the Arcadia clothing group which he acquired 10 months ago.

His ability to improve profit margins and cut costs through clever sourcing – or squeezing suppliers as it’s otherwise known – is legendary. And by restructuring the group to effectively create eight different business units around the Arcadia brands – which include Dorothy Perkins, Burtons, Miss Selfridge, Evans, Top Shop, and Top Man – he has speeded up decision-making as well as improving stock control and reducing discounts.

Pitching these different brands against each other is perhaps the ultimate triumph, and the results speak for themselves. Most impressively, Green has repayed £400 million of the £807 million acquisition cost three years ahead of schedule, in the process proving that his somewhat maverick style delivers results, fast.

BLOG

Digital pieces of the fashion supply chain take shape

The digital pieces of the fashion supply chain puzzle are starting to come together, according to executives at the recent Texprocess apparel technology trade show in Frankfurt, Germany....

BLOG

Latest supply chain leaders?

Swedish fast-fashion retailer H&M, Zara brand owner Inditex, and sportswear giant Nike are not only among the world's leading brands, they also have some of the best supply chains too, according to a ...

BLOG

Finding a solution to the sustainability problem

The key message at this year's Copenhagen Fashion Summit was that the global apparel and textile industry needs to take a holistic view on how it tackles sustainability and responsible sourcing – with...

BLOG

Industry welcoming move to renegotiate NAFTA

The US textile industry has welcomed President Donald Trump's decision to renegotiate NAFTA, saying it is in America's national interest to modernise the trade agreement....

just-style homepage



Forgot your password?