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Business · 12 August 2026

Harrods returns to profit after paying £62.5m to Al Fayed abuse victims

Harrods returns to profit after paying £62.5m to Al Fayed abuse victims

Edwardx via Wikimedia Commons (CC-BY-SA-3.0)

The famous London department store made nearly £85 million before tax in the year to January. Last year's finances took a major hit when the company compensated over 100 people abused by its former owner, Mohamed Al Fayed. Bosses say rich overseas visitors and loyal big spenders helped push total sales slightly higher to £1.1 billion.

Reported by Evening Standard · How we write briefs

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