British department store Selfridges to be sold to Thai conglomerate

Published date: Thu, 02 Dec 2021 17:22:09 +0700

The British luxury department store Selfridges is to be sold to Thai conglomerate Central Group, according to local newspaper The Times.

Owners of the store, which has a flagship store on Oxford Street, have reportedly agreed a 4 billion GBP deal with the Bangkok-based company in recent days. The two firms are said to be close to finalising the sale by the end of the year.