UK: Topshop boss sells 25% stake to J Crew backer
Arcadia owner Sir Philip Green has sold a 25% stake in his Topshop and Topman brands to private equity firm Leonard Green & Partners in a deal that values the two brands at GBP2bn.
Arcadia owner Sir Philip Green has sold a 25% stake in his Topshop and Topman brands to private equity firm Leonard Green & Partners in a deal that values the two brands at GBP2bn.