Selfridges narrows losses despite sales dip

Brass Selfridges sign on London store wall

Selfridges has more than halved its losses, despite posting a small dip in revenues as it focused on higher margin sales.

The luxury department store chain posted a pre-tax loss of £15.9m in the 48 weeks to January 4, less than half of the £41.9m loss it racked up the year before.

 

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