Selfridges urges Burnham to reinstate tax-free shopping

Selfridges boss calls on Burnham to restore tax-free shopping

André Maeder, chief executive of Selfridges, said the performance demonstrated the retailer's 'resilience amid a challenging economic and retail environment'.

Selfridges urges Burnham to reinstate tax-free shopping

Selfridges has called on Andy Burnham to reinstate VAT-free shopping for international tourists as part of his push to revive British high streets and boost regional growth.  The luxury department store chain hit out at then-Chancellor Rishi Sunak’s decision to abolish VAT-free shopping in 2021, adding that it is “encouraged” to see the policy back [...]

Selfridges returns to FY profit as strong store sales boost performance

Luxury department store chain posts £13m pre-tax profit and urges government to reinstate tax-free shopping for international visitors. Read the full story at Retail Sector.

Selfridges profits surge despite 'difficult retail and macroeconomic environment'

Drapers Selfridges profits surge despite ‘difficult retail and macroeconomic environment’ Luxury department store chain Selfridges has reported an 88% surge in operating profit to £79.7m for the 52 weeks to 3 January 2026, as CEO André Maeder calls for government support to "unlock growth" via the restoration of tax-free shopping.

Selfridges swings back to profit as it renews tax-free shopping call

Selfridges has returned to profit as stronger store sales and tighter cost control helped it deliver a sharp improvement in its annual performance. The company posted a pre-tax profit of £13m for the 52 weeks to 3 January 2026, swinging from a £15.9m loss in the previous financial period. Revenue climbed seven per cent to...