Tos Chirathivat, co-owner of Selfridges, deemed the £4bn purchase price high.The 2021 acquisition included several European luxury stores besides Selfridges.Rising…
Browsing: Central Group
The acquisition of Selfridges for £4bn is considered excessive in hindsight.Tos Chirathivat of Central Group acknowledges the purchase price was…
The financial landscape for Selfridges Group has seen substantial shifts within the past year.Pre-tax losses have surged to £340.3 million,…
Despite a significant increase in sales, Selfridges faces widening losses in its latest financial results.The company’s pre-tax losses more than…
Central Group, a North West electromechanical firm, has obtained £700K funding to enhance its digital strategy and job creation.The funding…
The acquisition of a 40% stake in Selfridges by Saudi Arabia’s Public Investment Fund (PIF) has sparked optimism about the…
The Saudi Sovereign Wealth Fund has acquired a 40% stake in Selfridges, bringing new optimism for the retailer.Selfridges has been…
The valuation of department store Selfridges’ property assets has significantly declined.According to The Sunday Times, Selfridges’ property portfolio saw its…
Selfridges’ property portfolio has notably decreased in value over the past year.A £638.6 million reduction marks a 20.6% drop from…
The value of Selfridges’ property assets has dramatically fallen, signalling financial challenges ahead.The reported decrease in property value amounts to…