Three-year refurbishment will help tailor store to shoppers from China and south-east Asia
Harrods has begun the biggest redevelopment in the department store’s 170-year history to increase its appeal to wealthy overseas shoppers flocking to Britain to exploit the weak pound.
The boss of Harrods, which is owned by Qatar’s sovereign wealth fund, said £200m will be spent redeveloping all of the shop’s one million sq ft of retail space over the next three years. The famous exterior with its 12,000 light bulbs and green awnings will be untouched.
Link : Harrods begins £200m redesign to appeal to wealthy Asian shoppers