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Harrods Owner Pursuing Selfridges: Report

Rivet’s 2021 winter issue has dropped! This in-depth issue examines the steps the global denim industry is taking to minimize its impact on the environment, from implementing zero waste production and design processes to establishing greenhouse gas emissions goals aligned with the Paris Agreement.

The Qatar Investment Authority (QIA) is believed to be the frontrunner in the quest to own Selfridges Group. QIA, Qatar’s sovereign wealth fund, previously acquired Harrods in 2010 and Printemps in 2013 through Divine Investments SA, building a core competency around high-end department-store retail. The conversations are not believed to be exclusive and Hong Kong…

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