October 19, 2021 9:56AM ET

Harrods Owner Pursuing Selfridges: Report

The sale of UK retailer Selfridges now has the Qatar Investment Authority, also the owner of Harrods, as the possible frontrunner. — A view of the Selfridges department store on Oxford Street, London, on July 27, 2021, when it was reported that the retailer would be put up for sale.

CREDIT: AP Photo/Matt Dunham

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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