27-07-2020 17:37 via retailgazette.co.uk

Harrods expects sales drop as visitor numbers plummet 95%

// Harrods predicts 45% plunge in annual sales
// The luxury group saw visitor numbers drop by 95% since the Covid-19 pandemic struck the UKHarrods managing director Michael Ward has warned that Asian and US tourists may not return to the luxury department store until 2022.
The group is anticipating a 45 per cent drop in annual sales as visitors to its Knightsbridge shop have plunged by 95 per cent to less than 4500 per day.
Prior to the Covid-19 pandemic, Harrods saw an average of 80,000 d
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