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Tag: #Selfridges #InvestmentNews #RetailTrends #LuxuryRetail #PublicInvestmentFund

Fashion
Everett Thistlethwaite

Saudi Wealth Fund to Buy 40% Share in Selfridges

In a significant move, Saudi Arabia’s Public Investment Fund (PIF) has finalized an agreement to acquire a 40% stake in the renowned UK department store chain, Selfridges. This transaction comes in the wake of the insolvency of Signa Group, Selfridges’ previous joint venture partner. The PIF’s investment will bolster Selfridges’ operational and financial position during […]

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