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The Story

The rise and fall of Sir Philip Green

The Story

The Times

Daily News Podcast, Exclusive Interviews, Daily News, Current Affairs, Global News, News, Investigative Reporting, Long-form Audio, In-depth Journalism, Audio Storytelling, News Analysis, Politics, Uk News

3.91.6K Ratings

🗓️ 11 December 2020

⏱️ 31 minutes

🧾️ Download transcript

Summary

After Sir Philip Green’s Arcadia Group filed for administration last week we trace the rise and fall of the former 'king of the high street'. Is this the final nail in the coffin of his retail empire? The Sunday Times’s business editor Oliver Shah, a man who’s written the book when it comes to Sir Philip, shares the stories of his working relationship and what went wrong for the tycoon.


This podcast was brought to you thanks to the support of readers of The Times and The Sunday Times. Subscribe today and get one month free at: thetimes.co.uk/storiesofourtimes.


Guests: 

Oliver Shah, Sunday Times business editor.


Host: David Aaronovitch.


Clips used: BBC, Iconic, Sky News, New York Magazine.

This podcast was brought to you thanks to subscribers of The Times and The Sunday Times. To enjoy unlimited digital access to all our journalism subscribe here.


Hosted on Acast. See acast.com/privacy for more information.

Transcript

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0:00.0

He was the king of the high street, the emperor of the emporium, the bringer of high fashion to the grateful masses.

0:10.0

He's Sir Philip Green and he's really a Colossus riding high, fingers in so many pies, from politics to show business to retail.

0:19.0

He is at the center of so many different things and he's a hugely powerful

0:23.0

influential figure.

0:25.0

From buying low and selling high in the rag trade

0:28.2

Sir Philip Green became a retail billionaire

0:31.5

and then it all came crashing down.

0:35.0

There are stories starting to emerge including one that we wrote that he was thinking about selling BHS and with hindsight that was the first inkling the first sign of a crack in the

0:45.6

fishers that would eventually bring down the entire empire. So what went so

0:50.0

right for Green? What went so wrong and what will he do now? You're listening to

0:55.8

stories of our times from the Times and the Sunday Times. I'm David Erronovich.

0:59.2

Today, the rise and fall of Sir Philip Green. People in the industry want to talk, but there is a nuance, they want to talk on their terms.

1:22.0

Oliver Shah is the Sunday Times business editor and the author of

1:25.8

Damaged Goods, the inside story of Sir Philip Green, the collapse of BHS

1:30.8

and the death of the High Street.

1:33.0

Oliver first came into contact with Sir Philip Green, while he was the paper's retail

1:37.1

correspondent.

1:38.9

You need contact to get stories, and you need people who are well placed to explain what's happening to you and

1:45.1

give you the inside track, but you can then become captive of those contacts quite easily

1:49.8

and you can end up writing for your contacts or writing for the specific city or business

1:54.2

audience. One of Oliver's best and most exotic contacts for almost a decade was a man

2:00.0

who it now seems is going out of business.

...

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