Selfridges is the latest fashion company to step into the metaverse as it announces it has begun selling NFTs in its physical stores. The iconic British department store chain says it is the first retailer in the world to sell fixed-price NFTs over the counter. The company will sell over 1,800 NFTs ranging from around 2,000 pounds to over...
Jan. 14, 2022
The new owners of Selfridges have revealed a number of major plans for the Oxford Street flagship site, including the potential opening of an upmarket hotel and the development of serviced apartments. Billionaire family, the Westons, sold the retailer for a substantial four billion pounds on Christmas Eve, to Thailand’s Central Group and Signa...
Jan. 3, 2022
Anyone who takes a quick look at the news over the past year will have noticed one business trend: takeovers, takeovers and takeovers. Various fashion groups seem to be actively in the acquisition game, while other companies were presented with an opportunity that they could not turn down. To sum it all up: these were the most notable...
Dec. 30, 2021
As a queues of shoppers snaked around Selfridges on Oxford Street, eagerly hoping to score a Boxing Day bargain, the rest of central London was eerily quiet, with footfall down 67.3 percent in comparison to 2019, before the pandemic. Figures from Springboard show a similar fate across all UK retail destinations, with footfall down an average of...
Dec. 27, 2021
The Canadian billionaire family behind the revamp of Selfridges have sold the iconic department store to a Thai and Austrian joint venture. The Weston family sold the British store chain to Thai conglomerate Central Group and Austrian Signa Holding, who each own 50 percent. The group’s other retail division, which includes Arnotts and Brown...
Dec. 24, 2021
Luxury department store Selfridges is reportedly close to closing a four billion pound deal with Thailand’s Central Group, with an official announcement supposedly to come in a matter of days. Word on the acquisition has been floating around since the start of December, following a report by The Times that stated the current owners of the...
Dec. 23, 2021
British luxury house Burberry has brought its Imagined Landscapes concept to a pop-up in Selfridges London. The idea centres around the house’s outerwear selection, which is currently being celebrated through a series of global pop-ups showing the extensive range in designs. Exclusive styles will be available only at Selfridges, including an...
Dec. 10, 2021
The luxury fashion label Fear of God has made its physical retail debut at Selfridges London, marking its first brick and mortar concept globally. The store-in-store will be home to Fear of God’s mainline collection, including its Italian-made suiting, hand-knits and accessories, as well as American-made sportswear. Located in the store’s...
Sustainable and natural deodorant brand Wild has secured new partnerships with some of the UK’s leading supermarkets, retailers and department stores as part of its ongoing expansion plans to “reach as many people as possible”. Wild has signed a deal with supermarket giant, Sainsbury’s to launch its products online and in 285 of its stores. The...
Dec. 9, 2021
The festive season is fast approaching, so here at FashionUnited, we are getting into the holiday spirit with a round-up of this year’s most Christmassy window displays at iconic department stores across the world, from London to New York and Paris. Image: courtesy of Selfridges Selfridges, London Selfridges is promising to make Christmas dreams...
Dec. 3, 2021
The soon-to-be new owner of British department store chain Selfridges has reportedly been revealed. The current owner of the iconic retailer, the billionaire Weston family, has agreed to sell the business to Thailand’s Central Group, according to The Times. The family hopes the deal will go through before the end of the year. Selfridges hasn’t...
Dec. 2, 2021
Selfridges & Co., the famed London department store, has held talks with potential investors about spinning off its e-commerce business. The news was reported by Business of Fashion. At the same time, a potential sale of the department store group could be on the table. The move echoes a similar move that U.S.-based Saks Fifth Avenue made by...
Nov. 8, 2021
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