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Central Group leads Selfridges buyout in US$5 billion deal

Inside Retail

The source said they plan to increase sales to 8 billion euros ($9.1 Central opened its first department store in 1956, growing to become Thailand’s largest mall owner with about 2400 retail stores. With Selfridges, they hope to build a luxury department store empire, complemented by an online business.

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Retailing in India: Rise and Shine Through

VMS

Its market size, $75 billion USD as of 2017, was expected to reach $100 billion USD by 2025, growing with a compounded annual growth rate of 5.6 Statista Statistics, a Germany-based market data firm, reports a slide of 35 percent in gold demand to 446.4 billion USD, they currently rank among the largest jewelry retailers globally.

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