Selfridges’ new owner reveals plans to develop and expand luxury store portfolio

Sumary of Selfridges’ new owner reveals plans to develop and expand luxury store portfolio:

  • According to the compact, its total department store sales will reach 6.7 billion euros this year after it acquired Selfridges in a four billion pound deal in December 2021.
  • Several store transformation programmes and new developments are currently underway in a number of countries, including Selfridges which is seeing a major redevelopment of its hotel and automobile park.
  • Central Group, the new owners of department store Selfridges, has revealed plans to develop and diversify on its luxury strategy over the coming years.

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