Since its sale to Qatar Holding in 2010 for a reported £1.5bn, Harrods’ Knightsbridge store has undergone significant investment and now serves 15m shoppers a year. Managing director Michael Ward, 61, announced a £200m, three-year redevelopment plan last November to help Harrods better cater to international visitors. Demand from overseas customers due to the fall in the value of the pound boosted sales 17% to £979m in 2017.

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Company details
Year2018
Rank62
CompanyHarrods Group
ActivityDepartment store operator
LocationCentral London
Sales £m979
Profit £m298
Year endJan 17
Principal shareholdersQatar Holding (100%)
Staff4,607
Founded1849
Websitewww.harrods.com

If applicable:

* Supplied by company † Annualised figure