• Selfridges' new owners reveal major plans for London site, including hotel

    24 days ago - By Fashion United

    Image: Selfridges
    The new owners of Selfridges have revealed a number of major plans for the Oxford Street flagship site, including the potential opening of an upmarket hotel and the development of serviced apartments.
    Billionaire family, the Westons, sold the retailer for a substantial four billion pounds on Christmas Eve, in a joint venture between Thailand's Central Group and Signa Holding, an Austrian-based property company. Each assumed a 50 percent stake in the venture.
    In a conversation with the Financial Times, Signa's executive chairman Dieter Berninghaus unveiled the potential...
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