Sir Philip Green's Topshop retail empire is actually owned by his wife Tina, a 'blonde hurricane' who designs interiors for luxury yachts
In shining a light on Sir Philip's business exploits, MPs and the press have also drawn attention to the unusual way in which his retail empire - which included Topshop, Wallis, Dorothy Perkins, and Ms. Selfridge - is structured.
While Sir Philip runs Arcadia, the group that controls all the brands, it is actually owned by Taveta Investments. Taveta is owned by Sir Philip's wife, Lady Tina Green, through a Jersey company that holds all the families shares.
Lady Green was initially summoned by MPs to appear alongside her husband at two Parliamentary Select Committee hearings on the collapse of BHS. But Sir Philip struck a deal with MPs to spare her the appearance and answer questions in her place.
Who is Tina Green and how involved is she in running the Topshop empire, estimated to be worth £3.2 billion?
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- One of the world's only 5-star airlines seems to be considering asking business-class passengers to bring their own cutlery
- Experts warn of rising temperatures in Bengaluru as Phase 2 of Lok Sabha elections draws near
- Axis Bank posts net profit of ₹7,129 cr in March quarter
- 7 Best tourist places to visit in Rishikesh in 2024
- From underdog to Bill Gates-sponsored superfood: Have millets finally managed to make a comeback?
- 7 Things to do on your next trip to Rishikesh