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Retail

London Knightsbridge expects record Christmas turnout, despite tax-free shopping halt

London's iconic shopping district in Knightsbridge anticipates an "exceptional" turnout during the upcoming Christmas holidays, exceeding 2019 levels. The forecast, presented by the Knightsbridge Partnership, suggests a surge in total spending in the area, with Harrods and Harvey Nichols playing central roles. The association notes a monthly...

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Harvey Nichols profits struck by refurbishment

London - British department store Harvey Nichols profits for 2015-2016 were hit by its refurbishment plan for its Knightsbridge store and investments into its digital channel. According to accounts filed at the Companies House before Christmas, Harvey Nichols profits fell 49 percent to 3 million pounds during the financial year 2015-2016. Sales...

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