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Philip Green's Topshop empire plunges to loss Philip Green's Topshop retailing empire plunged to loss last year, blaming a "dramatically" changed retail landscape and increased competition.

The business, which also includes Miss Selfridge and Dorothy Perkins, has since agreed a rescue deal with its creditors that triggered 48 store closures.

The results for the year to 1 September 2018 show a loss of £169.2m compared with a £49.4m profit a year earlier.


BBC News

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