Topshop loses top directorMonday, 06 August 2007
Following Ms Shepherdson's resignation in October, rumours abounded she quit as she had not been suitably consulted on the decision to employ the controversial supermodel Kate Moss.
Both she and Sir Philip later denied the claims, saying the move had nothing to do with the decision to hire Ms Moss as a designer.
More recently the High Street chain was forced to pay thousands of pounds in legal costs and destroy almost 2,000 dresses after fashion house Chloe accused it of copying a design.
Meanwhile, in September last year profits at Arcadia's BHS chain tumbled by 60%, prompting Sir Philip to admit the firm had made some wrong decisions.
The chain is currently engaged in an ambitious expansion drive across the UK and overseas including its first attempts to break into the US market.