Splashing out returns profit for Harvey Nichols

Harvey Nichols

Harvey Nichols has bucked the retail gloom with an increase in profits after heavy spending on its flagship store in London.

Pre-tax profits rose from £1.1m to £2.7m as sales jumped by 9% to £228.8m in the year to March. Harvey Nichols has spent millions refurbishing the eight-storey emporium in Knightsbridge.

Read the full story on The Sunday Times.