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In March, Harrods temporarily closed its flagship London store, which attracts 15 million shoppers a year, reopening it on June 15. The retailer first set up shop in Knightsbridge in 1849. It is in the midst of a three-year, £200m redevelopment project, which will include a new menswear department. Under managing director Michael Ward, 63, Harrods is also investing in its e-commerce platform. Last week it said up to 700 jobs could go as a result of Covid-19, and opened an outlet store at the Westfield shopping centre in west London to help sell stock left sitting on shelves because of the lockdown.

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Company details
CompanyHarrods Group
ActivityDepartment store operator
LocationCentral London
Sales £m1,024
Profit £m319
Year endFeb 19
Principal shareholdersQatar Holding (100%)

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* Supplied by company † Annualised figure **Estimated