Billionaire Arcadia Owner Philip Green Sells Topshop Stake to Leonard Green & Partners LP


Women's clothes hang on branded-hangers inside a Topshop store, owned... News PhotoAdult,Business,Clothing,Corporate Business,Economy,England,Environment,Europe,Fashion,Fashion Model,Finance,Hanging,Home Finances,London - England,Oxford Street,Retail,Shopping,Store,Topshop - Retailer,UK,Vertical,WomenPhotographer Collection: Bloomberg 2012 BloombergWomen's clothes hang on branded-hangers inside a Topshop store, owned by Arcadia Group Ltd., on Oxford Street in London, U.K., on Thursday, Dec. 6, 2012. Philip Green, the billionaire owner of the Arcadia fashion business, sold a 25 percent stake in the Topshop and Topman retail chains to Leonard Green & Partners LP, the co-owner of the J Crew fashion brand, in a deal valuing the businesses at 2 billion pounds ($3.2 billion). Photographer: Simon Dawson/Bloomberg via Getty Images