Thai retail group takes control of Selfridges

Selfridges Birmingham

Thai retailer Central Group has taken control of Selfridges following problems at partner Signa, with which it bought the famous department store in a $5bn deal.

Central and Signa acquired Selfridges in 2021 but earlier this month, tycoon Rene Benko’s Signa was forced into restructuring, raising questions over the future of its stake in the department store.

 

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