Department Stores
Saudi PIF and Kering eye Selfridges stake
The Central Group and interested parties are said to be waiting for a full outcome regarding Signa’s collapse before moving on a potential deal, with a potential stake said to be valued around £2bn
![](https://b855165.smushcdn.com/855165/wp-content/uploads/2022/09/Selfridges-Oxford-Street-East-Corner-Night.-Photo-Credit-Andrew-Meredith-1536x1176-1-e1662542510752-780x470.jpg?lossy=1&strip=1&webp=1)
Saudi Arabia’s Public Investor Fund (PIF) and Gucci owner Kering are reportedly considering a stake in luxury department store Selfridges as its co-owner continues to struggle with its financing, according to The Telegraph.
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