Selfridges may change hands for £4b

LONDON (June 14): The owner of the UK high-end department stores Selfridges & Co is mulling to let go of the business after receiving an unsolicited approach valuing it at £4 billion (RM23 billion), reported Evening Standard.

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Lockdown restrictions: Retail recovery remains fragile

KUALA LUMPUR (June 12): It was reported recently that 2020 was the retail sector’s worst year since the 1987 recession but it was hoped that this year may see an improvement but alas, it has not turned out to be so, according to a report by The Edge Malaysia.

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