Selfridges owner secures major investment from Saudi Arabia’s Public Investment Fund

📆 11/10/2024 11:37 pm
📰 LuxuryDaily

⏱ Reading Time:
26 sec. here
13 min. at publisher
📊 Quality Score:
News: 52%
Publisher: 59%

Commerce News

Industry Sectors,News,Retail

Thailand’s Central Group, the majority shareholder, has accepted a deal that grants its new partner a 40 percent stake in the British luxury department store chain.

The majority shareholder of Britain’s Selfridges Group is ensuring the British department store chain’s survival and ability to scale.

{"ct":"nb4R3q5+me9GEI0sANm3QXR5fbwCSL4ralRATdYQQpwmlVhcDNTBDDV5ANeEXB1D3qg3C67q/+ARGvTJID9uENCqchq/pcLidHA6JRautnumollysnEzS/oNJZ4YLMU+00W3Ao0Kco4lR911em8X+lPAgYZyeTzPkx5XEmIJYzePGXib2yf/D4IlOlZkna+Xo+xUo/I52kbD47bDm6iH+yFBHlf/03+wPnRCFQ/vGcKwdWuiFoiIB9U+d/uEcZOjiZScAzSv59n+RTwcwXy//0cGzgpBfBe0+RSPSDEYrtu31af7BmvuGOW9HiEUlXdzWNR/lBn2+7AaBCnoxmiAXEALwYXHsr42mZtrbaGBuvBD9Gwji1W/fsJUBf44XRXYGU8SpaUsD1jSeFnlMkZl400RWM2TknxsjeHwE9Ucrpy8kWbXn0yGoZ3YsrKu2YXDA2/CeX2yZrtoq5jLFK9f/32UNSr/iS

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Write Comment

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Saudi Arabia’s Public Investment Fund Takes Large Minority Stake in SelfridgesSaudi Arabia's Public Investment Fund has taken a 40 percent stake in the retailer. Central Group controls the retailer with a 60 percent stake.
Source: wwd - 🏆 24. / 68 Read more »

Saudi Arabia’s Fashion Industry Surges Ahead, According to New Report From Saudi Fashion CommissionThe Saudi Fashion Commission says the growing youth population, women in the workforce and investment in tourism is leading a rapid shift in the country's fashion industry.
Source: wwd - 🏆 24. / 68 Read more »