Sir Philip Green paid a female employee over £ 1 million to remain silent after accusing him of kissing and groping, the Daily Telegraph reported.
According to the paper, the senior female employee was one of five employees who had silenced after his pestilence or intimidation.
It reported that a black male executive received £ 1 million after Sir Philip said he "threw spears into the jungle".
The Topshop boss denies accusations that he has behaved wrong.
Lawyers representing Sir Philip told the Telegraph that he was a passionate businessman, who could sometimes be overly exuberant and stubborn & # 39; and that he & # 39; was sometimes perceived as aggressive by senior and trusted employees.
The lawyers of Sir Philip added: "It is furthermore denied that Sir Philip's behavior towards employees amounted to any kind of crime, or anything that would lead to gross negligence or a serious risk to health and safety."
The billionaire had previously used a court order to prevent the paper from publishing the accusations six months ago.
But the newspaper continued to fight against a legal battle against the billionaire, and on Friday, his action against the newspaper was formally terminated by a judge of the Supreme Court.
- Sir Philip Green drops the Telegraph order
- What are confidentiality agreements?
In the meantime, last October, the identity of Sir Philip became widely known when Lord Hain used the protection of parliamentary privilege to call the businessman in the House of Lords, saying that he "stood up for human rights".
Shortly after being identified, Sir Philip repeated his denial of any wrongdoing and told the Mail on Sunday: "Of course there has been some chatter from time to time, but as far as I am concerned, it has never been offensive."
He said on Friday that his legal action was now "pointless", but made the point that the Telegraaf had sought a "vendetta" against him.
What are the allegations in the Telegraph?
- A female employee received more than £ 1 million after Sir Philip touched her, kissed her, called her a "naughty girl" and made comments about her weight
- A black male worker received £ 1 million after Sir Philip mocked his dreadlocks and suggested that he "threw spears into the jungle"
- A female employee received hundreds of thousands of pounds after Sir Philip harassed her sexually and grabbed her face
- A female employee received hundreds of thousands of pounds after Sir Philip had put her in a head and had touched her waist
- A male employee left his position with a one-month reward shortly after Sir Philip had destroyed his cell phone
The newspaper said that all five employees had accepted the money in exchange for signing non-disclosure agreements (NDAs), so they could not talk about their experiences.
The Telegraaf's report contained a testimony from other members of staff that, according to him, the events were witnessed.
Sir Philip told the newspaper that he "categorically denies any unlawful … sexual behavior". He also denied "unlawful … racist behavior".
What are NDAs?
Sometimes known as "gagging" or "hush agreements", they usually prevent staff and ex-personnel from making information public.
Sir Philip had argued that the five former employees would violate the law if they violated the NDAs that they had signed in exchange for money.
His statement said that the Telegraaf had "consciously and shamelessly persuaded them [five] persons to violate their obligations under these lawful agreements ".
But the editor of the paper, Chris Evans, said the Sir Philip case raised wider questions about the use of NDAs.
"In the aftermath of the Harvey Weinstein affair, we became aware that gagging called NDAs was used to disguise allegations of sexual misconduct and racial abuse in the workplace, and that led to our investigation into Sir Philip Green and Arcadia.
"We maintain that there is a clear public interest in telling people whether a potential employer has been accused of sexual misconduct and racial abuse."
Who is Sir Philip Green?
Sir Philip was formerly known as the king of the main street.
Known for its sumptuous lifestyle, Sir Philip is regularly portrayed at star-studded events surrounded by glamorous women.
He built a fortune from a retail empire including Topshop, BHS, Burton and Miss Selfridge.
He sold BHS for £ 1 in March 2015, but it went into administration a year later, leaving a £ 571 million gap in his pension fund.
He later agreed to a cash settlement of £ 363m with the Pension Regulator to close the gap.
In a report on the collapse of BHS, MEPs called the episode "the unacceptable face of capitalism".
He and his wife Christina, also known as Tina, are estimated by Forbes at £ 3.8 billion.