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In the financial year 2024/25, Harrods' gross profits surpassed *** million British pounds. It was a slight decrease on the previous financial year when the company made roughly *** million British pounds profit. The high-end luxury department store is primarily located in its Knightsbridge store in London.

Harrods will be Harrods 

It is safe to say that Harrods is more than a department store. In its iconic 7-store London building, it situates itself as a landmark and a major tourist attraction, while at the same time enjoying significant sales revenue. From 2012, annual turnover figures of Harrods climbed on a steady course, reaching over *** billion British pounds in the 2018/19 financial year, before dropping during the COVID-19 pandemic. In 2020/21 turnover had fallen to roughly *** million pounds, before exceeding *** billion once more in the 2023/24 financial year.   

Harrods goes e-commerce

Early in 2019, Harrods announced it was entering into an exclusive e-commerce partnership with Farfetch, the marketplace retailer focusing on selling luxury and high-end fashion. Harrods’ decision to team up with Farfetch is not farfetched at all: the pureplay online retailer has stormed the e-commerce scene since it was founded in 2007, exponentially increasing its annual revenue along the way.