The Qatari owners of Harrods have paid themselves a second £180m dividend in a row despite a 35% fall in profits at the Knightsbridge department store amid fears of a slowdown in the luxury market.
The retailer, owned by the investment arm of Qatar’s sovereign wealth fund, increased sales by 8.2% to £1bn in the year to 3 February, according to accounts for Harrods Group (Holding) Ltd, which also operates a division serving private jets and sells goods to department stores overseas.
