Selfridges set to be sold to Thai conglomerate for up to £4bn - RETAILBOSS
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Selfridges set to be sold to Thai conglomerate for up to £4bn

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Selfridges set to be sold to Thai conglomerate for up to £4bn

Luxury department store group Selfridge to be sold to Thai conglomerate for an estimated £4bn.

Selfridges was founded in 1908 by US retail magnate Harry Gordon Selfridge. It has been owned by the billionaire Westons for 18 years

Selfridges’ owner, the Weston family, known as one of Canada’s richest families, have agreed on sale terms with Central Group in the last few days, according to the Times.

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The UK retailer owns 25 outlets, including a huge flagship store in London’s Oxford Street, and branches in Dublin, the Netherlands and Canada.