Sir Philip Green pinches Burberry's Paul Price to be new boss of Topshop

 
Helen Cahill
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New Zealand's First TopShop Store Opens In Auckland
Price will be leading Topshop's overseas expansion (Source: Getty)

Sir Philip Green has appointed Paul Price, Burberry's merchandising officer, as the new boss of his fashion chain Topshop.

Price will be replacing Mary Homer, who left Topshop in March to lead The White Company.

It has been a busy recruiting period for Green, who recently appointed Karren Brady, star of TV show The Apprentice, to chair his holding company Taveta.

Read more: You're hired: Karren Brady appointed as chair of Philip Green retail empire

Taveta's profits fell 16 per cent last year, with sales dropping by 2.5 per cent. It is the holding company for Arcadia, which comprises Topshop, Topman, Evans, and Wallis, among other brands.

As head of Topshop, Price will be charged with lifting the firm's sales and pushing forward with Topshop's expansion overseas.

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