Central Group, which has teamed with Signa to buy Selfridges, said it is confident that when the pandemic recedes, the 'joys in life will return' and people will flock to city centers to shop.
is an international investment and industrial holding company that’s active in the real estate, retail and media business sectors. It was founded in 1999, and describes itself as one of Europe’s most important real estate investors.
Radice turned Selfridges, which was founded in 1908 by the American Harry Gordon Selfridge, from a sleepy department store into a retail sensation. He served as managing director of Selfridges between 1996 and 2003, and picked up early on the experiential trend, opening up the store’s ground-floor space, and giving it the feel of an open-air marketplace, and creating themed store takeovers.
During his long career, the late Weston sat at the helm of food, retail, and real estate companies in North America, the U.K., and Europe.Sign of Selfridges’ transformational sustainability initiative, Project Earth.Weston retired as chairman of George Weston Ltd. in 2016 to continue his philanthropic work through the Weston Family Foundation in Canada and the Selfridges Group Foundation in the U.K.
“Our main competition isn’t the other department stores. It’s cinemas, restaurants and any place where customers will go to spend their leisure time,” said a Selfridges spokeswoman in 2003. said the luxury retail industry “has lost a great visionary. His energy electrified those of us who were lucky enough to work alongside him to reimagine what customer experience could be. He had real integrity, tremendous curiosity and a huge sense of fun.
“The boundaries are blurring between the street, the windows and the retail space,” said Sebastian Manes, Selfridges’ buying and merchandising director, in 2018. “We’ve never had windows like this before, and it’s so much brighter. You can see the sky — and you can walk in the windows.”
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