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Harrods Bounces Back After Pandemic Hit as Big Spenders Return to London

Harrods Bounces Back After Pandemic Hit as Big Spenders Return to London

Profits at Harrods rose almost tenfold last year as big-spending tourists returned to London after the pandemic.

The Knightsbridge department store, which is owned by the investment arm of Qatar’s sovereign wealth fund, saw profits hit £171.6 million ($217.9 million) and sales increased 52 percent to £994 million in the year to January 2023, according to accounts filed at Companies House.

Harrods Group (Holding), which also operates a…


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