Selfridges reportedly up for sale

Photo Credit : www.selfridges.com

Selfridges reportedly up for sale

The owners of iconic British department store Selfridges have reportedly put the business up for sale.

The Weston family has kicked off a formal auction of Selfridges and has called in advisers from investment bank Credit Suisse who will “imminently” send out information memoranda to prospective buyers.

Two or three suitors have already expressed interest, but no formal bid had been made, sources told The Times.