Marketing jobs at risk in Bhs and Arcadia head office merger

LONDON - Retail magnate Sir Philip Green is planning to merge the head office functions of Bhs into the Arcadia group in an effort to reduce outgoings.

Under the new arrangement Bhs will be operated as another of Arcadia's brands, which includes Top Shop, Dorothy Perkins and Miss Selfridge. Job losses are expected in the marketing departments.

It has been reported the change could take up to two years to complete, however, senior staff were informed about the plan yesterday.

Green is also planning to use some of the group's larger stores to house all of the Arcadia brands, including Bhs. The concept is being trialled in Bhs's Peterborough store.

Additionally, Green is reportedly interested in buying some of Icelandic retail group Baugur's UK brands.

Baugur's UK arm, which own stakes in clothing chains including Coast and Oasis, went into administration earlier this month.