tbtc
Veteran Member
https://www.theguardian.com/busines...-to-close-23-stores-as-part-of-arcadia-rescue
Agreed - Oliver has tried his best to do the right thing, as far as encouraging healthier eating amongst kids and highlighting food poverty - I can't think of anyone else who has generated as much positive headlines/change in this area - seems the British way to knock someone who is trying hard to improve things though.
(can't comment about his restaurants, never eaten in one, but the guy is right about his campaigns)
Sir Philip Green plans to close 23 UK stores as part of a financial rescue plan for his Topshop retail empire, which takes in Topshop, Dorothy Perkins, Miss Selfridge, Wallis, Evans and Burton.
The former billionaire’s Arcadia group needs the support of landlords for a deal that is intended to cut costs before the company’s next rental payment in late June.
As part of the rescue deal, Arcadia also wants to halve payments to its pension fund to £25m a year, only two years after agreeing to increase them to £50m.
If a plan cannot be agreed, then Arcadia, which has 570 UK stores and employs about 19,000 people, could face administration.
Green, who has not been in the UK since October, is said to be keen to wrap up an exit from the group he bought for £850m 17 years ago.
With his reputation in tatters after the collapse of BHS and accusations of inappropriate behaviour, the entrepreneur has lost his appetite for the British high street
If his advice was sound then what is the problem with him giving it out, unless it was given out in a sanctimonious manner? I tire of all this "Ivory Tower" nonsense by people who can't bear to consider one or more of their lifestyle choices are sub-optimal in some way, and are driven by cognitive dissonance to try and demonise the adviser. The logical thing to do is consider the advice and if it is solid, follow it. From the little I have heard (Yahoo comments section, so could be any old rubbish), his restaurants weren't that great, but charged high prices where decent food could be got elsewhere for significantly less. If you are going to charge a premium for your products/services, you'd better make sure the product/service matches the price, shoving a high profile name on it isn't sufficient
Agreed - Oliver has tried his best to do the right thing, as far as encouraging healthier eating amongst kids and highlighting food poverty - I can't think of anyone else who has generated as much positive headlines/change in this area - seems the British way to knock someone who is trying hard to improve things though.
(can't comment about his restaurants, never eaten in one, but the guy is right about his campaigns)