Thailand's Central Group becomes owner Selfridges as Signa woes deepen

Thailand's Central Group becomes owner Selfridges as Signa woes deepen

A woman wearing a face mask walks past the Selfridges Oxford street store prior to the company's temporary closure of its UK branches, as the spread of the coronavirus disease (COVID-19) continues, in London, Britain, March 18, 2020. REUTERS/Peter Nicholls/File Photo

Thailand’s largest department store owner, Central Group, has taken control of Selfridges department stores, the company said in a statement on Wednesday, as its Austrian partner faces an investor revolt.