Signa Holdings has sold its shares in Selfridges Group to Saudi Arabia's Public Investment Fund (PIF) as part of a multi-billion-euro deal following its insolvency. This acquisition aligns with Saudi Arabia's plans to enhance its luxury retail market presence. Experts suggest that the PIF's involvement could lead to significant changes in Selfridges' strategy, focusing on new markets and enhancing digital and experiential retail. Teljes cikk (Euronews.com)