Selfridges

Selfridges co-owner admits £4bn price was ‘too high’

Tos Chirathivat, the executive chair and CEO of Thai family conglomerate Central Group, said in a conversation with The Financial…

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Selfridges’ owner sees losses hit £340m in FY24

Selfridges parent company Cambridge Retail Group has suffered losses of £340.3m during the period that ended 3 February 2024. However,…

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Selfridges’ property value falls by more than £600m

The value of Selfridges’ property portfolio plunged by more than £600m last year, according to The Sunday Times.The Times reported…

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Saudi Arabia acquires 40% stake in Selfridges

Saudi Arabia’s Public Investment Fund has acquired a 40% stake in Selfridges after purchasing the shares previously held by collapsed…

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Selfridges CEO to step down after four years at company

Andrew Keith has announced he is stepping down from his role as CEO of Selfridges in the UK in order…

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Saudi wealth fund looks to up Selfridges stake to 50%

Saudi Arabia’s Public Investment Fund has reportedly made an offer to raise its stake in Selfridges from 10% to 50%,…

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Selfridges boss blames job cuts on loss of tax-free shopping

Selfridges is reportedly set to cut 70 jobs with CEO Andrew Keith blaming the loss of tax-free shopping, according to…

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Tala to debut first physical partnership with Selfridges

Athleisure brand Tala will be debuting its physical all-store partnership with Selfridges from 10 May.   The brand will be available…

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Middle East and Chinese investors eye up Selfridges

Investors from the Middle East and China are reportedly eyeing up Selfridges amid the financial troubles of its Austrian co-owner…

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Saudi PIF and Kering eye Selfridges stake

Saudi Arabia’s Public Investor Fund (PIF) and Gucci owner Kering are reportedly considering a stake in luxury department store Selfridges…

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