Selfridges’ new owners are taking control of a premium brand in a deal that will reunite the department store with its former boss.
The Weston family, owners of Selfridges since 2003, have sold their European department stores to a Thai conglomerate, Central Retail group, and an Austrian property company, Signa Holding, which already jointly own upmarket department stores in Italy, Germany and Denmark through a division run by the former Selfridges head Vittorio Radice.
The deal is the latest instalment of a rollercoaster history for the brand founded by a retail legend.
After more than 20 years rising through the ranks of the Marshall Field’s store in Chicago, in 1906 the US entrepreneur Harry Gordon Selfridge arrived in the UK with one
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