Topshop’s New CEO is from Burberry

Group founder Philip Green Philip Green has been appointed for the past nine years has served as the luxury goods group Burberry Group PLC (BRBY.L) Bobberry chief commodity officer Paul Price for the Topshop / Topman business CEO, he will be in September 4 day official new. Last weekend, Arcadia Group Ltd. and Taveta Investments Ltd., a holding company of the Philip Green family, also appointed director of the company, Karren Brady, who has 25 years of experience in soccer club operations as chairman of the board.

Paul Price will take over the 11-year-old Mary Homer of Topshop’s general manager and will be the manager of Topman’s general manager, Philip Cooke. Mary Homer joined the brand in 1987, resigned in March this year, will quit the British home brand The White Company as CEO.

Philip Green expressed confidence that “Paul will lead Topshop / Topman into a new phase of global acceleration and expansion.” Karren Brady also said “very much looking forward to Paul to join the team.”

American Paul Price at the top luxury goods department store Bloomingdale’s start fashion retail career, he also served Lucky Brand Jeans and Gap Inc. (NYSE: GPS) Gaupu Group’s Banana Republic Banana Republic. Industry claims that Paul Price’s appointment was led by Leonard Green & Partners LP, a Los Angeles private equity firm with 25% stake in Arcadia Group Ltd.