Selfridges

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 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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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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Today’s news in brief-2/1/24

Central Group is reportedly considering increasing its stake in luxury department store Selfridges as co-owner Sigma faces financial issues. Central…

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Today’s news in brief-15/11/23

Central Group, a Thai conglomerate and co-owner of Selfridges, has reportedly become the largest shareholder by converting a €364m loan…

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Thai investor takes control of Selfridges

Central Group, the co-owner of Selfridges, has taken control of the department store after fellow key shareholder Signa Group was…

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Today’s news in brief-6/11/23

The future ownership of the iconic London department store, Selfridges, is reportedly in question as co-owner Signa grapples with a…

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Selfridges ownership uncertain as co-owner faces cash crisis

The future ownership of Selfridges is said to be uncertain following reports that its co-owner Signa is facing a financial…

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