What does the Al-Fayed case mean for employers? Opinion The allegations against Harrods owner Mohamed Al-Fayed are particularly egregious, but they could have lasting ramifications for employment law, explains Dan Parker The maelstrom of recent allegations of sexual harassment emerging from Mohamed Al-Fayed‘s ownership of Harrods is deeply concerning. On one hand, the task of reckoning with these allegations is likely to be enormous [...]
Wedgwood owner slumps to loss despite strong Harrods and Selfridges sales Retail The owner of historic fine china and porcelain brand Wedgwood has slumped into the red despite strong sales through Harrods and Selfridges. Fiskars UK, which is based in Stoke-on-Trent, is also behind the Waterford, Royal Doulton and Royal Albert brands. Newly-filed accounts with Companies House have revealed that the business fell to a pre-tax loss [...]
Harrods boss admits after Mohamed Al Fayed allegations: ‘We failed our colleagues’ Legal The current managing director of Harrods has apologised and said the business “failed our colleagues” following sexual misconduct allegations about former owner Mohamed Al Fayed. Michael Ward said in a statement that it is clear Mr Al Fayed “presided over a toxic culture of secrecy, intimidation, fear of repercussion and sexual misconduct”. Mr Ward, who [...]
Mohamed Al-Fayed scandal: Harrods and Met Police may be hit with legal action September 23, 2024 London's luxury story Harrods and the Metropolitan Police may be hit with legal action following the revelations of allegations against the former billionaire boss
Harrods bosses should be questioned over Al Fayed ‘collusion’, says ex-employee September 21, 2024 Some Harrods bosses should be questioned over “collusion” with alleged misconduct by Mohamed Al Fayed, a former employee at the department store has said. Five women alleged they were raped by Al Fayed, the former owner of Harrods who died last year at the age of 94, with a number of others alleging sexual misconduct. [...]
Is the party for fashion rental over? September 19, 2024 Fashion rental was once touted as the industry's next big thing, but has the lustre faded, asks Anna Moloney.
Harrods passes £1bn mark as Qatari owners get £180m pay day despite falling profit September 2, 2024 Sales jumped to £1bn at the company behind luxury department store Harrods during its latest financial year, but profit was slashed over the same period, it has been revealed. The London icon posted a turnover 8.2 per cent higher for the year to 3 February, 2024, according to newly-filed accounts with Companies House, compared to [...]
Wife of ‘McMafia banker’ agrees to forfeit golf club and Knightsbridge mansion August 5, 2024 The wife of convicted fraudster Jahangir Hajiyev has agreed to forfeit a mansion in Knightsbridge worth approximately £14m and a a golf club in Ascot, following a lengthy investigation by the National Crime Agency.