High-end department store retailer Harrods has reported a slight decline in sales and profit.
According to its latest filed accounts for the year ended 1 February 2025, total sales fell 0.4% to £894.6m from £898.4m in 2024.
Pre-tax profit resulted at £85.1m, down from £162.2m recorded the previous year.
Stated within its report, the company said gross transaction value fell 3% to £2.3bn, which is a measure of retail turnover on a gross basis before adjusting for concessions, consignments, staff discounts and the cost of loyalty scheme points.
