Harvey Nichols Sees Profits Grow, Following Knightsbridge Store Revamp
1 month ago - By WWD
LONDON - Harvey Nichols is seeing its revenues grow, as the storewide refurbishment of its Knightsbridge flagship starts to take shape.
In the financial year ending March 2018, revenues were up 9 percent to 210 million pounds, compared with 194 million pounds last year.
Earnings before interest, tax, depreciation and amortization were up 102 percent, to 14.7 million pounds, compared with 7.3 million pounds last year, when the store's ongoing overhaul ate into the retailer's bottom line.
“Our ambitious Knightsbridge store refurbishment plans have had a positive impact,” said Manju Malhotra...
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Profits rocket at Harvey Nichols
1 month ago - By Drapers
The Harvey Nichols Group has reported a 102% jump in EBITDA to £14.7m for the year to 31 March, following the completion of its Knightsbridge refurbishment.
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