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UK retail empire of billionaire Philip Green teeters on edge
FILE - In this file photo dated Friday, Nov. 20, 2020, a woman wearing a face mask walks past mannequins wearing face masks in the window of a temporarily closed branch of the Topshop women's clothing chain during England's second coronavirus lockdown, in London.  Some 15,000 retailing jobs in Britain are in peril after Arcadia Group, owner of some of the country's best-known fashion chains like Topshop, confirmed Friday Nov. 27, 2020, that it is in talks about its future. (AP Photo/Matt Dunham, FILE)

FILE - In this file photo dated Friday, Nov. 20, 2020, a woman wearing a face mask walks past mannequins wearing face masks in the window of a temporarily closed branch of the Topshop women's clothing chain during England's second coronavirus lockdown, in London. Some 15,000 retailing jobs in Britain are in peril after Arcadia Group, owner of some of the country's best-known fashion chains like Topshop, confirmed Friday Nov. 27, 2020, that it is in talks about its future. (AP Photo/Matt Dunham, FILE)

Nov. 27, 2020 08:20 AM EST
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FILE - In this file photo dated Tuesday, Sept. 20, 2011, owner of fashion retail outlet Top Shop, Philip Green during a reception at 10 Downing Street in London.  Some 15,000 retailing jobs in Britain are in peril after Arcadia Group, owner of some of the country's best-known fashion chains like Topshop, confirmed Friday Nov. 27, 2020, that it is in talks about its future. (AP Photo/Sang Tan, Pool)

FILE - In this file photo dated Tuesday, Sept. 20, 2011, owner of fashion retail outlet Top Shop, Philip Green during a reception at 10 Downing Street in London. Some 15,000 retailing jobs in Britain are in peril after Arcadia Group, owner of some of the country's best-known fashion chains like Topshop, confirmed Friday Nov. 27, 2020, that it is in talks about its future. (AP Photo/Sang Tan, Pool)

Nov. 27, 2020 08:16 AM EST
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