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Selfridges
Upscale retailer is out of the red, but not the woods

LogoSubscribers only By Marcus Jaye
2 min read Lire en français

At Selfridges, a return to profit has come at the cost of jobs.
At Selfridges, a return to profit has come at the cost of jobs. © Photomontage by Glitz – Sources: Dylan Garcia Photography (Alamy)

Selfridges has posted its first profit since 2019, but it got there by cutting the head-office teams behind its reputation, and its sales are still falling

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