All Harrods articles – Page 3
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Retail Navigator Analysis
Harrods (Overview)
Harrods is known for its world-famous department store with an exceptional and high-quality product range, catered to an upmarket and international clientele.
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Retail Navigator Analysis
Harrods (SWOT)
The essence of the Harrods offer is its exceptional range and high quality. Its gold logo on dark green background – as symbolised by the signature green bag – is synonymous with luxury and has become a global icon. The retailer’s motto, which is engraved above the entrance to the store, is ‘Omnia, Omnibus, Ubique’, which translates as ‘Everything, for Everyone, Everywhere’.
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Retail Navigator Analysis
Harrods (Financials)
Harrods delivered a resilient performance for the year ending 3 February 2024 (FY2023) following a stellar set of results the previous year when it its Knightsbridge store benefitted from a full year of trade (it was closed for 10 weeks during FY2021).
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Gallery
Store gallery: Harrods opens Chocolate Hall as Knightsbridge revamp continues
Harrods has opened a new Chocolate Hall as it concludes the restoration of its iconic food halls.
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Gallery
In pictures: New stores that brought the wow factor in lockdown year
2020 may be more synonymous with shuttered stores but it did bring us some eye-catching new shops. Retail Week rounds up some of the best to whet your appetite
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News
Harrods lockdown closure prompts credit renegotiation
Department store Harrods has renegotiated the covenants of a £200m syndicated loan following the latest Covid-19 lockdown.
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Analysis
How Next and Harrods are reinventing the beauty hall
Department store giants Next and Harrods have opened new beauty formats over the past month. Why launch a beauty store in the middle of a pandemic – when face masks are mandatory in many places – and can they shake up the industry?
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Gallery
In pictures: Harrods unveils H Beauty hall concept
Harrods has opened its first standalone beauty concept, H Beauty, at Intu Lakeside in Essex.
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Gallery
In pictures: Harrods’ new concept Outlet store at Westfield London
To help clear excess stock that could not be sold due to the coronavirus pandemic, Harrods has launched its first outlet store in Westfield London.
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News
Harrods to launch outlet store at Westfield London
Harrods is to open an outlet store at Westfield London to help it shift excess seasonal stock that has gone unsold during the coronavirus crisis.
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News
Harrods to offer remote personal shopping in run-up to reopening
Harrods is to offer personal shopping for some of its most valuable customers as a first step towards reopening.
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Analysis
Data: The UK’s 15 most improved retailers for gender pay equality
Retail Week ranks the top-performing and most improved UK retailers for gender pay equality.
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Analysis
Analysis: Is small the new big for department stores?
Alongside the news that Macy’s will be shutting 125 stores over the next three years as part of a cost-cutting initiative, the department store retailer also unveiled plans for a smaller-format store.
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Analysis
Analysis: What impact will coronavirus have on global fashion retail?
What began in early January as a pneumonia outbreak in the central Chinese city of Wuhan has since been declared a worldwide health emergency. Retail Week looks at what effect the outbreak will have on retail supply chains in the region and tourism.
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News
Harrods sets up permanent residence in China
Harrods is set to open its first store in China in 2020 amid growing customer demand.
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News
Sports Direct blames Harrods for Milton Keynes HoF closure
Sports Direct has blamed Harrods for the closure of its Milton Keynes House of Fraser, which will see the loss of 172 jobs just before Christmas.
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Cartoon
Blower’s retail cartoon: Getting on Santa's luxury list
Patrick Blower’s take on Harrods Rewards customers who spend at least £2,000 in-store getting priority access to the department store’s Christmas grotto.
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News
Harrods boss warns on dangers of Corbyn government as profits slip
Harrods managing director Michael Ward has voiced fears that a Corbyn administration would impose money exchange controls to stop cash flowing overseas and that wealthy customers would take fright.
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News
Chancellor Sajid Javid shrugs off plea for business rates reform
Chancellor Sajid Javid has shrugged off pleas by the retail industry for reform of the “broken” business rates system.
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News
Harrods poaches former Burberry director for new digital role
Harrods has poached Burberry’s former ecommerce director for a newly created digital director’s role focused on driving the department store’s “digital and omnichannel strategy”.