Tag: Signa

  • Signa: Selfridges owner files for insolvency in fresh blow for Benko

    The debt-laden parent company behind luxury department store Selfridges has filed for insolvency this morning after a last minute scramble to raise extra funds failed. Signa, which is owned by Austrian billionaire Rene Benko, made the filing today in Vienna, admitting it could not find the “necessary liquidity”. A statement, first published on the Financial…