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Selfridges: Losses slashed despite revenue hit
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Selfridges: Losses slashed despite revenue hitSelfridges has stores in London, Birmingham and Manchester.
(Photo by Hollie Adams/Getty Images)Losses at luxury department store chain Selfridges have been slashed during its latest financial year despite its revenue taking a hit.
The business, which has UK stores in London, Birmingham and two in Manchester, has posted a pre-tax loss of almost £16m for the 48 weeks to 4 January, 2025.
The latest figure comes after Selfridges’ pre-tax loss totalled almost £42m in the prior 12 months.
In the prior financial year, Cambridge Retail Group, posted a pre-tax loss of £340.3m for the same financial year.