The owner of Selfridges sees a significant rise in both losses and sales.Pre-tax losses nearly doubled to £340.3 million by February 2024.Sales climbed sharply, increasing 95%…
Browsing: Central Group
Central Group in Knowsley secures £700K to enhance digital transformation, job creation, and technological advancement.Funding from NPIF II – FW Capital Debt Finance backs Central Group’s…
The recent acquisition of a 40% stake in Selfridges by Saudi Arabia’s Public Investment Fund (PIF) signals a significant shift in the retail landscape. Selfridges has…
Saudi Arabia’s Public Investment Fund (PIF) has secured a 40% stake in Selfridges Group, aiming to revitalize the renowned department store.Austrian property group Signa, the previous…
Selfridges has experienced a significant reduction in the value of its property assets.The luxury retailer’s property value decreased by 20.6%, amounting to £638.6 million.Loans exceeding £1.7…
Saudi Arabia’s Public Investment Fund (PIF) has partnered with Thailand’s Central Group in a significant acquisition of Selfridges Group.Central Group and PIF now hold majority stakes…
The Saudi Arabian Public Investment Fund has acquired a 40% stake in Selfridges, marking a new chapter for the iconic department store group.This acquisition follows the…
Saudi Arabia’s Public Investment Fund (PIF) secures a significant 40% stake in Selfridges, collaborating with Thailand’s Central Group, ending a phase of instability for the retailer.The…
Saudi Arabia’s Public Investment Fund (PIF) has acquired a 40% stake in Selfridges.The acquisition ends uncertainty following the collapse of Rene Benko’s Signa.Central Group retains a…
Andrew Keith, the CEO of Selfridges, will step down this autumn, ending his four-year leadership at the luxury department store.Keith was initially appointed as the managing…