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Agenda-setting intelligence, analysis and advice for the global fashion community.

Are Department Stores Still Relevant?

Selfridges’ sale for a lofty $5.4 billion suggests there is still life in the department store model. But how to grow in a shrinking category?
Selfridges is joining a stable of luxury department stores owned jointly by Thai retail conglomerate Central Group and Austrian property group Signa.
Selfridges is joining a stable of luxury department stores owned jointly by Thai retail conglomerate Central Group and Austrian property group Signa. (Getty Images)

Selfridges

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Further Reading

Who Is Selfridges’ New Thai Owner?

Thailand’s Central Group has partnered with Austria’s Signa Holding to acquire Selfridges in one of the UK’s biggest retail deals in years.

Searching for the Next Barneys

American luxury retail has changed, but customers are still hungry for the special feeling only an exceptional multi-brand store can offer. Can a crop of upstarts and a few savvy incumbents succeed where others have failed?

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