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Philip Green: The Unacceptable Face of Capitalism

Philip Green: The Unacceptable Face of Capitalism

Great Business Stories vor 5 Monaten

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30:27

I’m going to kick it off with this excerpt from Oliver Shah’s
excellent book on Green called Damaged Goods:

“Mr Toad-like in appearance, with a bulging belly and a
mischievous grin, Green turned into a business celebrity, often
spotted on the front row of fashion shows between Kate Moss and
Anna Wintour. Nut-brown from the Riviera sun, his silver hair
slicked back into a rat’s tail, he relished the role he had
carved out for himself as the retail industry’s roguish
uncle.

Bankers from Goldman Sachs and HSBC fell over themselves to offer
him money and advice. Simon Cowell and Ronnie Wood attended his
parties. He paid his wife almost £2bn of offshore dividends from
his high-street empire and made two headline-grabbing hostile
takeover attempts for Marks & Spencer. He was knighted by
Tony Blair. It all came crashing down in 2016.”

And that is the story I’m going to tell today—Philip Green, the
one-time king of the high street. The opulent lifestyle, the
aggression, the bullying, the greed—it’s a cracking story. Enjoy.