Brown Thomas and Arnotts sold in €4.7bn Selfridges deal

The Weston family has sold the luxury retail group Selfridges to retailer Signa Holding and property company Central Group.

Department stores Brown Thomas and Arnotts are to be sold as part of a €4.7bn deal that will see their parent, Selfridges Group, acquired by a Thai and Austrian consortium.

The Weston family has sold the luxury retail group Selfridges to retailer Signa Holding and property company Central Group.