However, the media has reported that the Selfridges Group is being sold, which isn't just the four eponymous stores. The group comprises 25 stores across five brands (Selfridges, Holt Renfrew, Brown Thomas, Arnotts and de Bijenkorf) and four countries (UK, Canada, Ireland and the Netherlands).

Who bought Selfridges?

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.

Is Selfridges doing well?

Over the past few years, Selfridges has gone from strength to strength, posting continued sales growth and maintaining excellent profit margins. In 2019, Selfridges' full-year sales rose 6% to £1.85bn, and operating profits were £170m – down slightly on the year before only due to investment in the flagship store.