Latest news with #CentralGroup
Nikkei Asia
2 days ago
- Business
- Nikkei Asia
Central Group's new Bangkok mall to open amid weak consumption
Retail Thai firm expects 25m visitors yearly, stays bullish on mega mixed-use properties Central Group's new mall occupies the lower floors of a $1.4 billion mixed-use development project in central Bangkok. (Photo by Yuichi Nitta) YUICHI NITTA August 19, 2025 23:02 JST BANGKOK -- Thailand's Central Pattana, the real estate development arm of retail conglomerate Central Group, will open a mall in Bangkok in early September amid ongoing concerns over subdued consumer sentiment.
Bangkok Post
08-07-2025
- Business
- Bangkok Post
Central names head of Dutch department store
Central Group has appointed Sean Hill as chief executive of de Bijenkorf, the Netherlands' iconic department store, effective from July 1. Mr Hill is a seasoned executive with more than 15 years of professional experience in the department store and international retail industry, particularly across the European market. Prior to his new appointment, he held several key leadership roles including retail expansion manager at Rinascente in Italy, where he elevated the department store's brand and enhanced its overall performance. Mr Hill was the chief operating officer at the KaDeWe Group in Germany, overseeing the transformation of iconic department stores. As the managing director of Central Group Europe Investment Limited, based in London, he brought deep expertise in strategy, operations, financial management and retail brand development, expanding the group's luxury retail portfolio across major European cities. With a forward-looking vision, multinational experience, and a family legacy deeply rooted in retail, Mr Hill is poised to guide de Bijenkorf into a new era, where heritage meets modernity and customer experience remains at the heart of everything, according to Central. "It is an honour to build on the strong foundation laid by the team and the customer-centric focus that defines the brand. The rich history and unique position of de Bijenkorf in the market are truly impressive, and I see many opportunities to grow this exceptional company," said Mr Hill, a fourth-generation member of the Chirathivat family. With a history spanning 155 years, de Bijenkorf is a beloved and historic Dutch department store brand, operating seven branches across the Netherlands. The brand is part of the Selfridges Group, in which Central Group has been a shareholder since 2022. The group continues to drive strategic expansion of its luxury department store portfolio in Europe, establishing de Bijenkorf as a must-visit destination for discerning shoppers and global tastemakers alike. With a history spanning 155 years, de Bijenkorf is a beloved and historic Dutch department store brand, operating seven branches across the Netherlands.
Bangkok Post
03-07-2025
- Business
- Bangkok Post
Communities to serve up goodies galore
Central Retail Corporation and Central Pattana, in collaboration with Central Tham, a sustainable development initiative, jointly present the 12th Jingjai Mahanakorn event at CentralWorld. Under this year's theme of "Jingjai Klang Krung: From Roots to Radiance", the event will showcase more than 1,000 unique products sourced directly from 50 local communities across Thailand. Visitors can look forward to a rich variety of seasonal produce, authentic local delicacies, and exquisite crafts, according to Central. The event also features a special zone highlighting selected community products from Tops, Go Wholesale, Thai Watsadu and Good Goods. Visitors will be able to browse, taste samples and purchase products as well as participate in various activities such as a souvenir-making workshop. The event will also include a massage zone and a mini concert. As the Central Group is committed to sustainability, the carbon-neutral event will be decorated with recycled and reused materials, use eco-friendly packaging and implement waste separation practices, according to the company. A portion of the event's sales will be used to purchase seedlings for the Plant Together project, which is a Central Group initiative focused on reforestation and environmental sustainability.
Fashion Network
25-06-2025
- Business
- Fashion Network
Selfridges wins approval for private members' club
Selfridges, the department store chain owned by Saudi Arabia's Public Investment Fund and Thailand's Central Group, won approval for a new private members' club at its flagship London outlet. Westminster City Council approved an application to convert space currently used for staff offices into a membership venue with a terrace and private dining room. The proposal is part of a wider plan to launch a new 'exclusive new shopping and social destination for its most valued customers and members' on Duke Street in the spring, according to a filing. London has seen a surge in high-end membership-only venues as affluent residents seek exclusive spaces, especially as flexible working has blurred the lines between professional and personal life. These venues have also become a strategy for real estate owners to generate more revenue from underutilized spaces. Tuesday's council approval grants the owners the right to use the space as a members' club or for retail purposes for a period of 50 years, the filings show. The space is part of the SWOD building, which was built in the 1930s as an extension to the main classical building that faces Oxford Street, one of Europe's busiest shopping thoroughfares. Saudi Arabia's PIF became a minority owner in privately held Selfridges last year after acquiring a 40% stake that had been owned by the Signa Group, the now-defunct real estate empire founded by Austrian Rene Benko. The story of the store's founding in 1909 by US retailer Harry Gordon Selfridge was later adapted into the Mr Selfridge TV series starring Jeremy Piven. The roof gardens, which hosted fashion shows and crazy golf in the years after the opening, were destroyed in the Blitz in 1940. They remained closed for about 70 years before reopening in 2009 for an exclusive pop-up restaurant run by French chef Pierre Koffmann, according to one of the filings for the planning approval.
Fashion Network
25-06-2025
- Business
- Fashion Network
Selfridges wins approval for private members' club
Selfridges, the department store chain owned by Saudi Arabia's Public Investment Fund and Thailand's Central Group, won approval for a new private members' club at its flagship London outlet. Westminster City Council approved an application to convert space currently used for staff offices into a membership venue with a terrace and private dining room. The proposal is part of a wider plan to launch a new 'exclusive new shopping and social destination for its most valued customers and members' on Duke Street in the spring, according to a filing. London has seen a surge in high-end membership-only venues as affluent residents seek exclusive spaces, especially as flexible working has blurred the lines between professional and personal life. These venues have also become a strategy for real estate owners to generate more revenue from underutilized spaces. Tuesday's council approval grants the owners the right to use the space as a members' club or for retail purposes for a period of 50 years, the filings show. The space is part of the SWOD building, which was built in the 1930s as an extension to the main classical building that faces Oxford Street, one of Europe's busiest shopping thoroughfares. Saudi Arabia's PIF became a minority owner in privately held Selfridges last year after acquiring a 40% stake that had been owned by the Signa Group, the now-defunct real estate empire founded by Austrian Rene Benko. The story of the store's founding in 1909 by US retailer Harry Gordon Selfridge was later adapted into the Mr Selfridge TV series starring Jeremy Piven. The roof gardens, which hosted fashion shows and crazy golf in the years after the opening, were destroyed in the Blitz in 1940. They remained closed for about 70 years before reopening in 2009 for an exclusive pop-up restaurant run by French chef Pierre Koffmann, according to one of the filings for the planning approval.
