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News Forum - Luxury Selfridges chain bought by Central Group and Austrian property firm

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Thailand’s Central Group has bought the luxury British retail chain Selfridges in partnership with Signa, an Austrian property firm. According to a Reuters report, the deal is worth around UK£4 billion (180 billion baht). Central Group is owned by Thailand’s billionaire Chirathivat family, while the Signa group is owned by Rene Benko, an Austrian investor. Between them, they already own several major department stores in Germany, Italy, Denmark, and Switzerland. Selfridges was founded in 1908 and owns 25 stores around the world, including its flagship London store and stores in other major cities in the UK, Ireland, the Netherlands, and […]

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