{"id":76106,"date":"2021-12-24T16:30:19","date_gmt":"2021-12-24T15:30:19","guid":{"rendered":"https:\/\/test2023.luxus-plus.com\/?p=76106"},"modified":"2021-12-24T17:16:56","modified_gmt":"2021-12-24T16:16:56","slug":"selfridges-to-be-acquired-for-nearly-5-billion-euros","status":"publish","type":"post","link":"https:\/\/luxus-plus.com\/en\/selfridges-to-be-acquired-for-nearly-5-billion-euros\/","title":{"rendered":"Selfridges to be acquired for nearly 5 billion euros"},"content":{"rendered":"<h4>The historic British department store chain Selfridges is to be acquired by Central Group and Signa, according to a statement released Friday.<\/h4>\n<h4><!--more--><\/h4>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Selfridges<\/strong>, the well-known English luxury retail chain, is in the process of being acquired by the Thai retail giant <strong>Central Group<\/strong> and the Austrian real estate investment company <strong>Signa<\/strong>. The latter already acquired the <strong>Globus<\/strong> department stores in Switzerland last year.<\/p>\n<p>&nbsp;<\/p>\n<p>The amount of the transaction has not been communicated, but last July, the British press estimated that the owners of Selfridges since 2003, the Canadian family <strong>Weston<\/strong>, could get up to <strong>4 billion pounds (4.7 billion euros)<\/strong>. The family reached an agreement with Central towards the end of November, according to a report in <em><strong>The Times<\/strong><\/em> newspaper.<\/p>\n<p>&nbsp;<\/p>\n<p>Central Group and Signa &#8220;<em>have entered into a definitive agreement to acquire Selfridges Group<\/em>&#8220;, the Thai group announced in a statement.<\/p>\n<p>&nbsp;<\/p>\n<blockquote class=\"instagram-media\" style=\"background: #FFF; border: 0; border-radius: 3px; box-shadow: 0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width: 540px; min-width: 326px; padding: 0; width: calc(100% - 2px);\" data-instgrm-captioned=\"\" data-instgrm-permalink=\"https:\/\/www.instagram.com\/tv\/CXf1YtpIHvH\/?utm_source=ig_embed&amp;utm_campaign=loading\" data-instgrm-version=\"14\">\n<div style=\"padding: 16px;\">\n<p>&nbsp;<\/p>\n<div style=\"display: flex; flex-direction: row; align-items: center;\">\n<div style=\"background-color: #f4f4f4; border-radius: 50%; flex-grow: 0; height: 40px; margin-right: 14px; width: 40px;\"><\/div>\n<div style=\"display: flex; flex-direction: column; flex-grow: 1; justify-content: center;\">\n<div style=\"background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; margin-bottom: 6px; width: 100px;\"><\/div>\n<div style=\"background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; width: 60px;\"><\/div>\n<\/div>\n<\/div>\n<div style=\"padding: 19% 0;\"><\/div>\n<div style=\"display: block; height: 50px; margin: 0 auto 12px; width: 50px;\"><\/div>\n<div style=\"padding-top: 8px;\">\n<div style=\"color: #3897f0; font-family: Arial,sans-serif; font-size: 14px; font-style: normal; font-weight: 550; line-height: 18px;\">Voir cette publication sur Instagram<\/div>\n<\/div>\n<div style=\"padding: 12.5% 0;\"><\/div>\n<div style=\"display: flex; flex-direction: row; margin-bottom: 14px; align-items: center;\">\n<div>\n<div style=\"background-color: #f4f4f4; border-radius: 50%; height: 12.5px; width: 12.5px; transform: translateX(0px) translateY(7px);\"><\/div>\n<div style=\"background-color: #f4f4f4; height: 12.5px; transform: rotate(-45deg) translateX(3px) translateY(1px); width: 12.5px; flex-grow: 0; margin-right: 14px; margin-left: 2px;\"><\/div>\n<div style=\"background-color: #f4f4f4; border-radius: 50%; height: 12.5px; width: 12.5px; transform: translateX(9px) translateY(-18px);\"><\/div>\n<\/div>\n<div style=\"margin-left: 8px;\">\n<div style=\"background-color: #f4f4f4; border-radius: 50%; flex-grow: 0; height: 20px; width: 20px;\"><\/div>\n<div style=\"width: 0; height: 0; border-top: 2px solid transparent; border-left: 6px solid #f4f4f4; border-bottom: 2px solid transparent; transform: translateX(16px) translateY(-4px) rotate(30deg);\"><\/div>\n<\/div>\n<div style=\"margin-left: auto;\">\n<div style=\"width: 0px; border-top: 8px solid #F4F4F4; border-right: 8px solid transparent; transform: translateY(16px);\"><\/div>\n<div style=\"background-color: #f4f4f4; flex-grow: 0; height: 12px; width: 16px; transform: translateY(-4px);\"><\/div>\n<div style=\"width: 0; height: 0; border-top: 8px solid #F4F4F4; border-left: 8px solid transparent; transform: translateY(-4px) translateX(8px);\"><\/div>\n<\/div>\n<\/div>\n<div style=\"display: flex; flex-direction: column; flex-grow: 1; justify-content: center; margin-bottom: 24px;\">\n<div style=\"background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; margin-bottom: 6px; width: 224px;\"><\/div>\n<div style=\"background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; width: 144px;\"><\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<p style=\"color: #c9c8cd; font-family: Arial,sans-serif; font-size: 14px; line-height: 17px; margin-bottom: 0; margin-top: 8px; overflow: hidden; padding: 8px 0 7px; text-align: center; text-overflow: ellipsis; white-space: nowrap;\"><a style=\"color: #c9c8cd; font-family: Arial,sans-serif; font-size: 14px; font-style: normal; font-weight: normal; line-height: 17px; text-decoration: none;\" href=\"https:\/\/www.instagram.com\/tv\/CXf1YtpIHvH\/?utm_source=ig_embed&amp;utm_campaign=loading\" target=\"_blank\" rel=\"noopener\">Une publication partag\u00e9e par Selfridges (@theofficialselfridges)<\/a><\/p>\n<\/div>\n<\/blockquote>\n<p><script src=\"\/\/www.instagram.com\/embed.js\" async=\"\"><\/script><\/p>\n<p>&nbsp;<\/p>\n<p>&#8220;<em>As family-owned businesses, Central and Signa will focus on providing exceptional and inclusive in-store and online experiences for both local residents and foreign visitors,<\/em>&#8221; says <strong>Tos Chirathivat<\/strong>, Central&#8217;s chief executive.<\/p>\n<p>&nbsp;<\/p>\n<p>Central is owned by the <strong>Chirathivat family<\/strong>, which is worth <strong>$11.6 billion<\/strong> according to <em><strong>Forbes<\/strong><\/em>, and owns numerous shopping malls and various stores throughout the kingdom, and in Asia.<\/p>\n<p>&nbsp;<\/p>\n<p>The buyout agreement covers 18 of the 25 Selfridges stores and in addition to the <strong>Oxford Street<\/strong> department store, the deal includes stores in Manchester and Birmingham, as well as <strong>Bijenkorf<\/strong> in the Netherlands, and <strong>Brown Thomas and Arnotts<\/strong> in Ireland.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8220;<em>Together, we will work with the world&#8217;s leading architects to sensitively reimagine the stores at each site, transforming these iconic destinations into sustainable, energy-efficient and modern spaces, while remaining true to their architectural and cultural heritage<\/em>,&#8221; said <strong>Dieter Berninghaus<\/strong>, chairman of Signa&#8217;s executive board.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Read also &gt; <a href=\"https:\/\/luxus-plus.com\/en\/harrods-selfridges-fortnum-mason-luxury-is-reborning-in-london\/\">HARRODS, SELFRIDGES, FORTNUM &amp; MASON : LUXURY IS REBORNING IN LONDON<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>Featured photo : \u00a9 Selfridges<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The historic British department store chain Selfridges is to be acquired by Central Group and Signa, according to a statement released Friday.<\/p>\n","protected":false},"author":380,"featured_media":76109,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"%%post_title%% %%sep%% %%sitetitle%%","_seopress_titles_desc":"The historic British department store chain Selfridges is to be acquired by Central Group and Signa, according to a statement released Friday.","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"none","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":301,"_seopress_analysis_target_kw":"Selfridges,Central group,signa,departement store,acquisition,Tos Chirathivat,Weston,Oxford Street","footnotes":""},"categories":[24,5868],"tags":[22419],"class_list":["post-76106","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-retail","tag-news-en"],"_links":{"self":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/76106","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/users\/380"}],"replies":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/comments?post=76106"}],"version-history":[{"count":0,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/76106\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media\/76109"}],"wp:attachment":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media?parent=76106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/categories?post=76106"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/tags?post=76106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}