News

Philip Green secures £310m remortgage deal on Topshop’s Oxford Street flagship

By 2019-12-13T15:14:00

Topshop

Source: Shutterstock/ Jason Batterham

Sir Philip Green has secured a last minute £310m deal with American private equity group Apollo to keep the doors of his flagship Topshop store open.

The tycoon, who secured a Company Voluntary Arrangement (CVA) for his Arcadia retail empire earlier this year, has remortgaged the 100,000 sq ft building on Oxford Street, the company has confirmed.

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