Brown Thomas and Arnotts are reportedly up for sale in €4.7bn Selfridges deal

An unnamed buyer has reportedly made the offer for the iconic department stores

Brown Thomas and Arnotts are reportedly up for sale as part of a deal alongside British department store chain Selfridges. Picture: Gerard McCarthy

Ireland’s iconic department stores Brown Thomas and Arnotts are reportedly up for sale as part of a deal alongside British department store chain Selfridges.

It is understood an unsolicited approach from an unnamed buyer has offered some €4.7bn (£4bn) for the Weston family-owned chain which comprises a number of upmarket stores across the UK, Ireland and the Netherlands.