A spokesman for Selfridges said it had the “ongoing and unwavering support of Central Group”, adding: “This does not change anything for Selfridges, we continue to operate and service our loans and lease obligations as normal. Selfridges trades independently from our shareholders.”
A spokesman for its Thai shareholder said: “Central Group remains steadfast in its commitment to safeguard and support its European luxury stores regardless of its partner’s financial circumstances.” It said it was in robust financial health and benefitted from “access to a wide range of funding streams to support the development of this unique portfolio”.
“We are well positioned to work through the current…
