Brown Thomas owner Central Group overpaid for European department stores
Thai family-owned company bought portfolio including world-famous Selfridges store in 2021 from billionaire Weston family
Thai family-owned company bought portfolio including world-famous Selfridges store in 2021 from billionaire Weston family
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Saudi Arabia's Public Investment Fund will hold 40% of company behind well known department stores
Nigel Blow, who also led Brown Thomas, had been due to take up his new position in the coming weeks
Group behind department stores made a bottom line loss due to non-cash charges relating to a sale and leaseback property transaction
Corkery had spent 24 years with the Irish department store retailer
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Industry insiders say online business as much as tripled in size during the pandemic, fundamentally changing the sector
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Claim contradicts earlier findings that company, which part owns Brown Thomas and Arnotts, founded on rising interest rates and their impact on property valuation models
Properties held by Signa, which part owns Brown Thomas and Arnotts, are being sold or transferred with limited transparency, groups representing dozens of lenders say
Group of creditors to René Benko’s property empire seek urgent investigation into collapsed group
Store is part owned by Austria’s Signa Group, which is also co-owner of Brown Thomas and Arnotts in Ireland
The best news, analysis and comment from The Irish Times business desk
Latest accounts for the Irish department store retailer show that it was the subject of an unsolicited offer in August 2023, which ultimately came to nothing
Latest accounts for Brown Thomas Arnotts show that a third party bid was made last August for Irish department store retailer but talks ended without a deal
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Panicked bargain hunters feared missing out on discount televisions and matresses
Signa collapse leaves line of creditors and unfinished buildings in its wake
Filing will concern dozens of European banks over their exposure to indebted group
O’Connell Street is supposed to be Dublin’s main thoroughfare but instead vast tracts of land lie empty awaiting redevelopment
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Dublin businesses ‘massively concerned’ about cost and impact of riots on trade in what is busiest trading period of the year
Thailand’s Central Group has moved to take full control of the department stores’ parent group
The best news, analysis and comment from The Irish Times business desk
Central Group acquires additional equity in company behind department stores, giving it majority control of the Selfridges group
‘I know it sounds mad that a wine opener can help somebody, but it does give independence’
Rene Benko, founder of Signa Holdings which owns store and Arnotts, handing over control of €23bn empire for restructuring
Accounts for parent group show Irish department stores made a loss from mid-August 2022 under new owners
Department store portfolio was bought by René Benko’s Signa Group and Tiang Chirathivat’s Central Group for £4bn
Violent and antisocial behaviour along with lack of forethought for city’s future threaten capital’s standing for tourism, say leading retailers, cultural bodies and business organisations
Dublin City Council concludes development will ‘contribute to the regeneration’ of the area
City Council has rejected developer’s plan for 159-units in blocks up to 12 storeys high over landmark retail outlet
Developer named by prosecutors last year as a suspect in long-running corruption investigation
Department store’s abrupt closing, leaving hundreds out of work with only basic redundancy, left a sour taste
Developer had sought to construct 159 build-to-rent units at the Dublin store site
More men in senior roles means women earn less on an hourly basis, while Tesco and Brown Thomas also have wide bonus gaps
Arnotts, Brown Thomas, Shaws and many more retailers promising all manner of discounts on everything from Aran jumpers to Zippo lighters
Fashion and homeware brand operates three stores in the Republic and two in Northern Ireland
Group had shipped a loss in the previous year
Plan for nine-storey hotel involves the demolition of three open air levels of Arnotts’ multi-storey car park
Thai-headquartered Central Group and Austrian Signa Holding completed the €4.7 billion deal for Selfridges group last week
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Sustainability-focused store will employ about 400 staff, including 220 new full-time roles
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Reviving city centre retail and labour shortage will be big challenges for year ahead
Austrian-Thai group also buying Brown Thomas and Arnotts
Covid, Brexit, rising energy costs and supply chain issues combined to put the squeeze on
Thai/Austrian consortium buying Selfridges group from Weston family
Joint venture set to acquire group that owns Brown Thomas and Arnotts stores
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