“The younger generation is obviously not quite ready to curb their lifestyles,” he says.
Along with the high-profile launch of Topshop and Topman in New York in October, Sir Philip plans to open 50 new stores around the world.
Sir Philip’s entrepreneurial career began at the age of 21, when he borrowed £20,000 from Barclays and began buying and selling clothes. “I don’t think I’ve got anything special. I think I am just 1,000 per cent focused on getting it right,” he says.
You can read a full profile on Sir Philip by clicking here.