Recruiting, selecting and training entrepreneurial managers An Arcadia case study
Page 1: Introduction
The Arcadia Group Limited is one of the UK's largest fashion retail companies with over 25,000 employees, 2,000 outlets throughout the UK and a growing number of international stores.
In 2002 Arcadia changed from a Plc to a private companywhen Philip Green acquired the business for £800 million. Under Philip Green's ownership the group has been very successful, growing in profit and repaying the loan used to buy the company in record time.
In 2004 the group's turnover was over £1.6 billion, with operating profits of over £290 million. The group includes eight major high street brands; Burton, Dorothy Perkins, Evans, Miss Selfridge, Outfit, Topshop, Topman, and Wallis. Each brand targets its own specific group of customers and maintains a leading position within its respective market segment.
Arcadia | Recruiting, selecting and training entrepreneurial managers