Profits at Sir Philip Green’s retail empire, which includes Topshop, dropped by 79% last year.
The failure of BHS and tough competition in the clothing market contributed to the poor performance.
A report filed with Companies House by Taveta Investments showed pre-tax profits to £36.8m, down from £172.2m the previous year.
Taveta is the holding company of Arcadia which also owns Miss Selfridge, Burton, Evans, Wallis and Dorothy Perkins.
Taveta said Brexit had caused economic uncertainty and the fall in sterling had affected its results.
Commercial solicitors Oldham
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John has been with Wrigley Claydon for over 20 years, becoming a partner in 1995. Specialising in Employment Law, John helps clients with matters including the preparation of recruitment policies and employment contracts as well as advocating in employment tribunals in cases of unfair dismissal or discrimination.
He also has considerable experience of dealing with landlord and tenant disputes and matters relating to business and company sales, commercial investment property transactions and lettings as well as residential estate and offshore property developments.
“I know I’ve done a good job when the business doesn’t need me!”
John is never happier than when spending time with his wife and 2 children, Lucy and Alex. John is Chair of Respect Our Community Awards (ROCA) and a board member of First Choice Homes Oldham. In his spare time, John is likely to be found either reading, cooking or walking Donnie the Golden Retriever.
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