By  on May 15, 2018

LONDON — Sales and profits at Taveta Investments Ltd., parent of fashion retailers including Topshop, Topman and Miss Selfridge, declined in the 12 months to August 2017, the company said Tuesday.

Profit from continuing operations at the holding company owned by Sir Philip Green fell to 71.6 million pounds from 139.1 million pounds, due to a combination of factors, including the slowdown in sales and an exceptional charge from onerous leases and the revaluation of investment properties.

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