The sale of the century: what next for Arnotts and BT?

News that the Selfridges group, parent company to Arnotts and Brown Thomas, is being sold has sent shockwaves through the luxury retail sector – and speculation abounds regarding potential buyers and the future of the two iconic Irish department stores

Aaron Rogan

News Correspondent @aarrogan

Barry J Whyte

Chief Feature Writer @whytebarry
1st August, 2021
The sale of the century: what next for Arnotts and BT?
Brown Thomas, a pivotal retail presence on Dublin’s Grafton Street . Picture: Fergal Phillips

When Galen Weston, the Canadian retail magnate, died earlier this year at the age of 80, it prompted inevitable speculation about the future of his business empire. Less than four months later, his family is selling off one of his most prized assets, the Selfridges group.

Selfridges, which is run by Weston’s daughter Alannah, includes two of the biggest names in Irish retail: Brown Thomas and Arnotts, the Dublin department stores.

The sale, which...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Related Stories

Trying to put a cost on compensation for a life marred by catastrophic injury

Legal Catherine Sanz 4 days ago

Black September: How 9/11 continues to shape America

World Marion McKeone 4 days ago

Conservatives target abortion with new assault on Roe v Wade

World Marion McKeone 4 days ago

Biden losing patience as GOP continues to politicise the pandemic

World Marion McKeone 4 days ago