Selfridges
This coverage explores Selfridges’ operations and strategy within the UK retail landscape, focusing on store developments, brand collaborations, product launches, sustainability initiatives, and leadership decisions. Reporting provides insight into how Selfridges maintains its position as a premium retail destination — supporting executives, managers, and professionals involved in luxury, department store, and experiential retail.
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Apr- 2024 -15 AprilFeatures
How to adapt your store seasonally
In the retail world, where competition is fierce and consumer expectations are ever-evolving, the adaptation of store environments to reflect seasonal changes and holidays is not just a matter of aesthetics, it’s a fundamental strategy for success. Beyond decoration, seasonal and holiday adaptations offer retailers a unique opportunity to engage…
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Mar- 2024 -18 MarchNews
Today’s news in brief-18/3/24
The Saudi PIF, along with Kering, is reportedly eyeing a stake in Selfridges as the store’s co-owner, Central Group, faces financial struggles due to the collapse of its Austrian partner, Signa. The potential deal, valued around £2bn, is complicated by legal proceedings in Austria. Selfridges reported a narrowed loss and…
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18 MarchDepartment Stores
Saudi PIF and Kering eye Selfridges stake
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. The outlet said that the collapse of Austrian co-owner Signa has left Thailand’s Central Group searching for…
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4 MarchSupermarkets
M&S wins Marble Arch legal battle
The High Court has ruled in favour of M&S’ redevelopment plans of its Marble Arch flagship branch, having called Michael Gove’s decision to block the plan “unlawful”. News of the outcome follows the retailer’s launched planning appeal last month. It comes after the secretary of state’s decision to reject plans…
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Feb- 2024 -23 FebruaryNews
Today’s news in brief-23/2/24
Consumer confidence in the UK dropped by two points to reach -21 in February, according to the GfK index. The survey highlighted decreases in various measures compared to the previous month, including personal finances and the country’s economic situation over the past year. However, there was no change in the…
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23 FebruaryClothing & Shoes
Gymshark FY23 PBT halves despite healthy sales
Gymshark has revealed that sales rose 15% to £556m in 2023, despite posting a pre-tax profits fall from £27.8m to £13m for the 12 months to 31 July. The activewear group attributed its rise in sales to the “relevance and quality” of its products, as EBITDA also rose in line…
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Jan- 2024 -2 JanuaryNews
Today’s news in brief-2/1/24
Central Group is reportedly considering increasing its stake in luxury department store Selfridges as co-owner Sigma faces financial issues. Central recently became the largest shareholder, converting a £317m loan into equity. Sigma’s Prime Selection unit filed for insolvency, possibly leading to liquidation of assets worth over €19bn, impacting its stake…
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2 JanuaryDepartment Stores
Central Group eyes increased stake in Selfridges
Central Group is reportedly interested in increasing its control of luxury department store Selfridges as its co-owner Sigma faces financial difficulty, according to The Sunday Times. The Thai conglomerate is looking to increase its stake after Sigma’s Prime Selection unit, the division that co-acquired Selfridges in a £4bn deal last…
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Dec- 2023 -5 DecemberNews
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 (£15.8m). Since inception in 2015, Biossance has generated global revenues of $300m (£237m) and is currently stocked in over 1,600 stores globally including Sephora, Harrods, Space NK, Douglas and Selfridges…
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Nov- 2023 -15 NovemberNews
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 into equity. This move follows reports of financial troubles at Signa Group, the other key shareholder. Restructuring efforts were initiated due to rising borrowing costs and falling property valuations. Selfridges,…
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