Kong in 1979. Due to its international trading nature, the company's structure and holdings are complex, held through a series of offshore companies and trusts, making it hard to detect Caring’s full earnings from the fashion world. The manoeuvre worked, and Caring cornered the market in fast fashion. ICD at its height supplied 70% of the clothing sold by British high street retailers, supplying Marks & Spencer, Mothercare and Next. It was through ICD and its trading that he met and developed his relationship with Sir Philip Green. ICD was the dominant supplier to Arcadia Group, the then Green-owned fashion retail chain that included Dorothy Perkins, Topshop and Top Man. Arcadia Group went into administration in November 2020. This was not the normal retailer and supplier set-up but described as more of a partnership, with Caring presenting Green with a Ferrari F430 Spider for his 50th birthday: For less than a year, Caring worked for Green. In 2001, Caring invested in Green's British Home Stores (BHS), owning 22.5% of the retailer and earning £100m in dividends, before disposing of his shares in 2006. Caring supplied Next plc via a joint venture company NV, but sold his share in the 1990s back to the retailer. He built a joint venture to supply Freemans catalogues, again now sold to the partner. He also co-developed the Together brand, which after buying out partners he sold to German catalogue firm Otto Versand. In 2004–05, ICD saw sales drop to £74.2m from £85.5m, making a pre-tax loss of £523,644 from a £3.99m profit the year before after an exceptional loss on the sale of Amanda Wakeley's designer label. In 2007, Caring looked at buying the distressed Prada brand. In 2009, ICD employed 250 people and was a smaller operation in the UK than it had previously been. Property It is proposed by many that Caring first started investing in property while resident in Hong Kong, ploughing back profits from clothing sourcing into other assets. His first UK publicised deal was the £45m purchase of a part of the Camden Market complex in 2004, that he purchased from Bebo Kobo and OD Kobo. Later that same year his friend Elliott Bernerd called him to ask whether, as an avid golfer, he might be interested in buying Wentworth Golf Club. In partnership with then minority shareholder, airport hotel entrepreneur Surinder Arora, the pair paid £130m, £50m more