Sunday Mail (UK)

HOW TYCOONS MIKE ASHLEY AND PHILIP

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sports giants in a bid to claim back some of the cost. But he was told he wouldn’t receive any money back.

He said: “I want them to refund me £35 as a gesture for their incompeten­ce. They shouldn’t send out goods with half-price tags when someone has paid full price.”

Jim took pictures of the coat after it arrived at his home. It had pink card tags attached showing 50 per cent off and the new price.

He added: “I’ve ordered lots of things from them before and their stuff is good. But I’m not pleased that they have treated me like this. They need to improve their customer service.”

The ccontrover­sial business practices off PhilPhilip Green and Mike Ashley hahaveave bbrought both men under the scscrutiny of the House of Commons.

Meanwhile, allegation­s of bullyingg anand sexual harassment being silencedd by non- disclosure agreements­s cocontinue to plague Green.

But retail analysts warn that thee papair could be the last big beasts leftt ststanding after the growing crisis enengulfn ing Britain’s high streets rereachese its peak.

Laith Khalaf, senior analyst at HHargreave­s Lansdown, said the men’ss rereserves have allowed them to spreadd ththeir financial wings wide.

And a Sunday Mail investigat­ionn totoday illustrate­s their increasing dodominanc­e in fashion retail.

Khalaf said: “They are both wealthy inindividu­als who have a buffer against popoor economic conditions. So it does hehelp that they have deep pockets.

“They have both built big empires andn an that has alloweddth­emthem to divide theirh th interests quitete widely and exploitx ex opportunit­iess as they arise.

“Stronger playersrs will stick around ar and when youu have tough times ti it’s the companiesp­anies that have ha financial strengthgt­h that will pull pu through.”

While chains suchh as New Look, Marks M & Spencer andnd Debenhams preparerep pr to shut in excess of 250 stores,tor st the two businessme­nusinessme­n are exploiting­xpl ex volatile markets to increase theirhei th share of shoppingin­g units.

Ashley A owns Housese of Fraser, arguablyrg ar the mostst famous shopping sho landmarkma­rk of Scotland’s Scot biggest cities. ities. The Sports Direct t founder foun also has a 30 pper cent stake in I don’t think it worries people that those two businessme­n own such a lot of the high street. I heard about the allegation­s against Philip Green. It doesn’t change my mind. But shop workers should have more protection.

 ??  ?? FED UP Jim with coat and tag TYCOON N Some of Green’s clothes shops
FED UP Jim with coat and tag TYCOON N Some of Green’s clothes shops
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