Selfridges

THG acquires skincare brand Biossance

THG has agreed to acquire skincare brand Biossance from US biotechnology group Amyris Inc for a maximum consideration of $20m…

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Today’s news in brief-15/11/23

Central Group, a Thai conglomerate and co-owner of Selfridges, has reportedly become the largest shareholder by converting a €364m loan…

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Thai investor takes control of Selfridges

Central Group, the co-owner of Selfridges, has taken control of the department store after fellow key shareholder Signa Group was…

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Today’s news in brief-6/11/23

The future ownership of the iconic London department store, Selfridges, is reportedly in question as co-owner Signa grapples with a…

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Selfridges ownership uncertain as co-owner faces cash crisis

The future ownership of Selfridges is said to be uncertain following reports that its co-owner Signa is facing a financial…

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Kurt Geiger owner eyes £400m sale

The private equity backers of Kurt Geiger are reportedly considering a £400m sale of the brand. According to Sky News,…

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Today’s news in brief-11/10/23

Travis Perkins has revised down its full-year earnings forecast due to challenging market conditions and a significant slowdown in new…

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Selfridges losses narrow as consumers return to department stores

Selfridges has revealed that losses at the company have narrowed for the year ended 28 January 2023 to £38.3m, down…

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Oxford Street crime wave driven by decline, says M&S chief

Sacha Berendji, operations director at M&S, has told the Telegraph that the recent surge in crime rates on London’s Oxford…

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Marks and Spencer chief slams ‘pathetic’ Marble Arch rejection

The chief executive of Marks and Spencer has slammed the government’s decision to deny the demolition and redevelopment of its…

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