More bidders expected for Brown Thomas and Arnotts

The Weston family, who own the high-end retail outlets, have appointed Credit Suisse to handle the potential £4 billion sale

Aaron Rogan

News Correspondent @aarrogan
11th July, 2021
More bidders expected for Brown Thomas and Arnotts
Unnamed buyer last month prompted Selfridges group to consider surprise sale of business which owns Brown Thomas and Arnotts in Ireland. Picture: Leon Farrell/Photocall Ireland

More bidders are expected to emerge over the summer for the Selfridges group and its Irish shops Brown Thomas and Arnotts, the Business Post understands.

An unsolicited approach from an unnamed buyer last month prompted the Weston family, who own the high-end retail outlets, to consider a surprise sale of the business. The Westons subsequently appointed Credit Suisse to handle the potential £4 billion sale.

That approach is still the only bidder, but...

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

Analysis: The gap between winners and losers in retail is stark

Retail Eugene Kiernan 6 days ago

Gym + Coffee to open three new stores and hire 140 staff

Retail Killian Woods 2 weeks ago

Lululemon stretches out from Grafton Street store

Retail Rosanna Cooney 3 weeks ago

Irish energy drink provider selected by Amazon for global sales push

Retail Róisín Burke 3 weeks ago