Shoe lovers everywhere rejoiced last year when Selfridges opened what is said to be the world’s largest footwear department at its flagship store in London’s Oxford Street. More spacious than Tate Modern’s Turbine Hall, it stocks more than 5,000 pairs of shoes from 120 different brands. Canadian billionaire Galen Weston acquired Selfridges in 2003 for a reported £600m and chief executive Paul Kelly oversaw sales of £414m in 2010. In November last year, the company completed its purchase of the De Bijenkorf department-store business, the Dutch equivalent of Harrods, for an undisclosed sum.
This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.