Back in 2019 it closed more than 200 stores worldwide amid plunging sales in a bid to save the brand. Last month seven people were arrested after a man was stabbed in a mass brawl inside the London branch of Selfridges.
Is Selfridges gone bust?
The retailer already had entered liquidation in December 2020, and its new owner wanted the department store to “emerge in a different shape beyond the pandemic.” Former parts of Selfridges are already living on online.
Has Selfridges been sold?
Yesterday (25 July) it was confirmed that the billionaire Weston family, which owns Selfridges, has launched a formal auction to sell the business for at least £4 billion, which is being managed by Credit Suisse.