Miss Selfridge reports £17.5m loss as store closures continue

Sir Philip Green’s Arcadia plans to move retailer mostly online as part of restructuringSir Philip Green’s Miss Selfridge chain posted a £17.5m loss last year as sales fell and it wrote down the value of loss-making stores.Sales at the youth fashion chain fell more than 15% to £102m in the year to 1 September 2018, while pretax losses more than quadrupled from £4.3m a year before. Continue reading...