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Sunday, April 28, 2024

Central takes control of UK-based Selfridges

Thai retail group buys out struggling Austrian partner

The Selfridges department store on Oxford Street in London is considered a trophy asset even though UK retail has endured a difficult few years with the highest inflation in decades. (Photo: Bloomberg)

Central Group, Thailand’s largest department store operator, has taken control of the company that runs London’s landmark Selfridges department store after the…

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