Net worth of Harrods Limited in the United Kingdom (UK) 2011-2018
Harrods is hailed as the most famous department store in the world. Located in West London, its iconic seven-floor estate in Knightsbridge speaks for itself and welcomes millions of visitors every year from world over. As the present graph lays out, in 2018 the net worth of Harrods Limited reached an approximate value of 2 billion British pounds, driven by an increased turnover recorded by the company in the financial year ending in February 2018.
Harrods selling well
Harrods distinguishes itself among other UK department stores not only on account of its high-end product and service range, but also its financial performance. Between 2017 and 2018, Harrods recorded a solid growth rate in like-for-like sales, outperforming leading UK department store retailers by a strong margin.
Time of the luxury department store
The UK department store market is populated by mid-range and high-end players alike. The past years saw the demise of the former, while the latter firmly stood their ground and even increased their share in the market, including Harrods. Together with Selfridges, Harrods carries the torch for luxury department stores in the UK.
Harrods selling well
Harrods distinguishes itself among other UK department stores not only on account of its high-end product and service range, but also its financial performance. Between 2017 and 2018, Harrods recorded a solid growth rate in like-for-like sales, outperforming leading UK department store retailers by a strong margin.
Time of the luxury department store
The UK department store market is populated by mid-range and high-end players alike. The past years saw the demise of the former, while the latter firmly stood their ground and even increased their share in the market, including Harrods. Together with Selfridges, Harrods carries the torch for luxury department stores in the UK.
