The Webster's original location in South Beach in Miami.
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The Webster Sells Majority Stake to U.K.’s Frasers Group

The Webster has a new majority owner. The luxury multibrand retailer has sold a majority stake to the British retail conglomerate Frasers Group, effective immediately. Financial details were not disclosed but under the terms of the deal, founder and chief executive officer Laure Hériard Dubreuil will retain “a significant” share of the company and remain...