Selfridges news and archive

Thai fashion group acquires German landmark store KaDeWe

Berlin's renowned KaDeWe department store has changed hands, with Thai conglomerate Central Group, also the owner of Selfridges, taking over ownership from the insolvent Austrian company Signa. Central Group, which has been actively acquiring European luxury stores, including Italy's Rinascente, Ireland's Brown Thomas, and Denmark's Illum,...

People |Interview Featured

Doni Nahmias on the LA fashion uprising and the fusion of sports and luxury

While LA may be known for its illustrious film industry embedded in Hollywood culture, from which stars materialise as beacons of success on a global scale, there is also an underlying precedence in emerging talent that is shaping the subcultures that define the city’s wider lifestyle. Among these underdogs has emerged Doni Nahmias. On moving to...

Retail |In Pictures

Selfridges opens permanent Reselfridges accessories concepts

Luxury department store Selfridges is expanding its ‘Reselfridges’ second-hand and circular concept with permanent accessories destinations across all four stores. Each Reselfridges accessories destination will showcase a curated selection of pre-owned accessories and rare archive pieces, while the London flagship will also offer repair, resale...

Retail |In Pictures

Rixo opens shop-in-shop in Selfridges

British womenswear brand Rixo has opened its largest-ever shop-in-shop at Selfridges in London as it looks to reach new customers. The shop-in-shop space, located on Selfridges London's third-floor atrium space, is open for 10 weeks until June 9 and marks the biggest Rixo space outside of its standalone permanent stores. It houses a curated...

Business

Central Group reportedly eyeing takeover of Signa retail brands

Thailand’s Central Group is believed to be mulling a possible takeover of some of the real estate assets owned by the recently collapsed Signa Holding. This could include KaDeWe in Germany and London-based Selfridges, the latter of which Central already holds a significant stake in. According to a report by Business Insider, Central is believed...

Retail

Kylie Jenner’s KHY announces first-ever retail partnership

Kylie Jenner’s fashion brand KHY has made its physical retail debut at Selfridges in the UK after five months as a direct-to-consumer online brand. The retail partnership is described as a “significant stride forward for the brand” and offers a capsule collection of KHY's bestselling pieces in-store and online at Selfridges.com as it looks to...

People

Selfridges CFO steps down after just four months

British department store giant Selfridges has lost yet another chief financial officer in the space of four months amid ongoing uncertainty surrounding its future. According to a filing with the UK’s Companies House, Preetha McCann has stepped down from the luxury retailer, with media reports suggesting that the exit was due to opportunities...

Business

Interested parties begin eyeing Selfridges stake

Following the breakdown of one of Selfridges’ two owners, various parties have reportedly been circling the British department store chain for a potential stake purchase. Gucci parent company Kering and Saudi Arabia’s Public Investment Fund (PIF) are understood to be mulling the acquisition of a stake in the luxury retailer, according to the...

Business

Two Signa subsidiaries file for insolvency, Selfridges seeks financing

Two key subsidiaries of the already insolvent Signa Group have filed for bankruptcy in what is the latest development in the downfall of the international retail empire. Both Signa Development Selection and Signa Prime Selection filed for insolvency last week, with the latter – a stakeholder in Selfridges and KaDeWe – believed to have already...

Retail |In Pictures

Stella McCartney launches installation at Selfridges Corner Shop

British luxury womenswear label Stella McCartney has opened a “theatrical extravaganza” at the Selfridges Corner Shop space. The installation, titled ‘Stellabration,’ will run until December 28 and is described as an “emotional and energetic exploration of light, joy and nostalgia, with a touch of festive drama and delight”. At the heart of the...

Business

Selfridges London reportedly names Andrew Keith CEO

British luxury department store Selfridges is understood to have named Andrew Keith the new chief executive officer of its London store, a shift from his prior role of managing director which he had held from 2020. The change was made quietly by the company back in June 2023, and aligned with a wider shift in titles across the Selfridges Group...

BusinessFeatured

Selfridges co-owner Signa files for administration

Signa Group, the co-owner of British luxury chain Selfridges, has filed for insolvency after it fell victim to what it said was “severe economic pressure”. “Despite considerable efforts in recent weeks, the necessary liquidity for an out-of-court restructuring process could not be sufficiently secured, and so Signa Holding has now applied for...