Harrods and Fenwick have both shown signs of recovery, their results reveal, while Harvey Nichols battles for survival.
Harrods posted profits of £84.9million for the 12 months to the end of January, after making a £34.3million loss a year earlier.
That loss came after it paid compensation to more than 100 victims of abuse by its former owner Mohamed Al-Fayed.
But while the department store is back in the black, it is still feeling the effects of the tourist tax, which stops foreign shoppers reclaiming VAT.
Finance chief Geoff Weaver said: ‘Harrods remains cautiously optimistic.’
Harrods posted profits of
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