Selfridges London invests 370 million euros in expansion
Selfridges confirms the renovation and expansion of its flagship London store in a 300 million euro, five-year investment. The group will begin redeveloping the Oxford Street site next month in what Selfridges describes as the largest ever single investment in a department store.
The accessories offering will be expanded, with the handbag department more than doubling to encompass 50,000 sq feet, and a new store entrance will be created on the east side of the building, on Duke Street.
Galen Weston, Selfridges chairman, said: “This significant investment in the redevelopment of our Oxford Street store is part of our commitment across all our businesses to provide leading luxury shopping experiences for our customers around the world.”