Harrods finance boss resigns

department stores closed
(Image: David Iliff/Wikimedia Commons)

Harrods’ chief financial officer John Edgar has stepped down from his position at the luxury department store after five years.

According to Drapers, he departed the world-famous retailer for “new challenges”.

The news comes a month after Harrods recorded its eighth year in a row of soaring profits, which included smashing the £2 billion sales mark for the first time.

Edgar first joined the retailer in September 2012 after making the move from competitor Selfridges, where he had been group chief financial officer.

“After nearly five successful years with Harrods, John Edgar has decided to look for new challenges externally,” a Harrods spokeswoman said.

“John has been instrumental in driving Harrods strong financial performance in recent years, and Harrods thanks him for his contribution to the company.”

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