Thailand conglomerate Central Group has assumed majority ownership of the luxury department store Selfridges, which it acquired in late 2021 in partnership with Austrian property group Signa Holdings.…
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No cookie-cutter approach: Welcome to the future of department stores
Department stores are one of the oldest retail concepts in history, dating back to the opening of Le Bon Marché Rive Gauche in 1852 in Paris, but they’ve withstood the […]…
Central Group and Signa Holding complete acquisition of Selfridges
Thailand’s Central Group and Signa Holding announced on August 18 they have completed the acquisition of luxury retailer, Selfridges Group, from the Weston Family.
Selfridges Group portfolio, which co…
Central Group and Signa Holding acquire Selfridges
Thailand’s Central Group has teamed with Austria’s Signa Holding to acquire Selfridges Group under a 50/50 partnership. Financial terms of the deal were not disclosed however a source close to t…