Harrods: world’s best performing luxury department store
The famous 170-years old luxury department store has proven its deep-rooted experience in the retail arena and scored in first ahead its competition
According to research compiled by architects Sybarite and analyst GlobalData, the high-end shopping destination owned by the Qatari royal family was identified as the luxury retailer with stronger sales per square foot.
The historic building located Road in London’s Knightsbridge registered sales of 2.1 billion British pounds in the year ended in February 2018 (up by 6.8% from the previous year).
The historic building located Road in London’s Knightsbridge registered sales of 2.1 billion British pounds in the year ended in February 2018 (up by 6.8% from the previous year).
Two other London-based luxury department stores, Selfridges and Liberty, are listed on the top five. The British luxury department stores benefit from the high-spending tourists looking for shopping opportunities when in London.
In the ranking’s second place was China’s SKP. Other high-end department stores in the top 10 included Fenwick and Printemps in France.
In the ranking’s second place was China’s SKP. Other high-end department stores in the top 10 included Fenwick and Printemps in France.
Image credits: Evening Standard
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