Thailand's Central Group plans to acquire upscale brands from Signa Retail Luxury Holding, including Selfridges, KaDeWe, and Globus.

Thailand's Central Group plans to buy upscale brands from Signa Retail Luxury Holding, including Selfridges in London, Germany's KaDeWe Group, and Switzerland's Globus, according to a Business Insider report. Central Group is reportedly in talks with Saudi Arabia's Public Investment Fund about Selfridges. Central Group bought the high-end department store in London together with Signa in 2022 for €4 billion ($4.3 billion).

March 30, 2024
3 Articles