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Harrods news and archive

Harrods to delay summer sale after supply chain delays

Anyone who has ever been to a Harrods sale will attest it is something of an event. Queues wrapped around Knightsbridge, sometimes as early as they day before, to bag some of the best luxury bargains in London. This season, however, Harrods announced it will delay its seasonal summer sale as the spring summer collections trickled late into...

23 Jun 2022

Business

Harrods appoints Tim Parker as chief financial officer

Harrods has announced the appointment of Tim Parker as the new chief financial officer for the group. Parker joins the luxury department retailer following a range of senior financial leadership roles throughout his 10 years at Jardine Matheson, where he diversified the Asia-centred group. In a release, the retailer said Parker will be joining...

24 May 2022

Fashion

Harrods to limit sales of luxury to Russian consumers

It has not been a good week for Russian shoppers. After the announcement that McDonald’s was withdrawing from the Russian Federation, Harrods has reportedly informed its Russian clients it can no longer sell high priced luxury goods in the wake of Russia’s invasion in Ukraine. Several news outlets have stated that limited sales to Russia’s high...

18 May 2022

Retail

Harrods reportedly shutting doors in three Asian markets

British department store Harrods is reportedly set to close its stores in Taiwan, Thailand and Singapore after it has decided not renew its partnerships with local firms. Taiwan’s Shin Kong Mitsukoshi department stores, which has held an agreement with Harrods since 2006, are among those the retailer will be cutting ties with. Concessions in the...

25 Feb 2022

Retail

Harrods brings annual sale forward as Omicron spreads

Harrods has moved its annual Boxing Day sale earlier this year “in response to ongoing trading realities.” The luxury department store already has discounts of up to 50 percent on selected goods on its online store, with further discounting expected to be applied on Boxing Day. As the Omicron virus continues to feverishly spread across the UK,...

17 Dec 2021

Retail

Harrods announces partnership with Klarna for more flexible shopping

Payment provider Klarna has partnered with luxury retailer Harrods to bring its flexible payment options to Harrods Knightsbridge, H Beauty and its online stores. In-store shoppers will now be able to use Klarna’s ‘Pay in 3’ payment option for beauty purchases at the retailer’s Beauty Hall, as well as throughout its H Beauty stores in Essex and...

7 Dec 2021

Retail |In Pictures Featured

The best Christmas windows from around the world

The festive season is fast approaching, so here at FashionUnited, we are getting into the holiday spirit with a round-up of this year’s most Christmassy window displays at iconic department stores across the world, from London to New York and Paris. Image: courtesy of Selfridges Selfridges, London Selfridges is promising to make Christmas dreams...

3 Dec 2021

Retail |Beauty

Harrods opens first beauty emporium in Scotland

Harrods has opened its first stand-alone H beauty destination in Scotland, following the success of its openings at Lakeside in Essex and Centre:MK in Milton Keynes as part of its long term strategy to bring H beauty to beauty communities around the UK. The latest H beauty is located at St James Quarter, in the heart of Edinburgh’s shopping...

1 Dec 2021

FashionFeatured

Harrods unveils ‘Emerging Designers: China’ pop-up

Luxury department store Harrods has launched its inaugural pop-up focused on young Chinese designers, featuring looks from 2021 Yu Prize winner Chenpeng. Located on the first floor of its Knightsbridge flagship, the concept space looks to promote emerging designers as a follow on from its Shanghai Fashion Week ‘The Harrods Hive’ concept....

8 Nov 2021

BusinessFeatured

Harrods swung to loss last year as turnover halved

Harrods swung to a loss last year and saw its turnover halve as the pandemic took its toll on the business. In the year to January 30 2021, turnover at the iconic British department store chain fell 50.7 percent to 429.5 million pounds as store closures during government-imposed lockdowns led to a large reduction in sales activity. Its gross...

3 Nov 2021

FashionFeatured

The most iconic department stores around the world, ranked

Department stores have long been a staple in the shopping world. They are the markers of a downtown shopping area, the axis upon which one plans their day out on the town. And despite the rise in online shopping, and downfall of many department stores during the Covid-19 crisis, there are certain giants that continue to be seen as truly iconic...

1 Nov 2021

BusinessFeatured

Harrods owner reportedly in talks to buy Selfridges

The Qatar sovereign wealth fund, which owns Harrods and the Printemps store in Paris, is reportedly looking to snap up another iconic department store, Selfridges. The Qatar Investment Authority has emerged as the front-runner to purchase the company from its billionaire owners, The Mail on Sunday reports, citing sources with knowledge of the...

18 Oct 2021