Revenue of Selfridges Retail Ltd worldwide 2011-2025

Selfridges is an upmarket department store with only four locations across the United Kingdom. In 2025, the retailer delivered a revenue of ******million British pounds worldwide, which represented a decrease from the previous year. This was around ** million pounds away from Selfridge's highest annual revenue, which came in the financial year that ended at the beginning of 2020. 

Difficult times for department stores 

The fall in revenue in 2021 had a considerable impact on the business. In that year, Selfridges registered huge losses to its net worth, which fell by around*********** in 2021 compared to the previous year. Selfridges was not the only department store that struggled. The volume of retail sales in department stores and non-specialized stores in Great Britain has steadily fallen since 2018. Debenhams was forced into closure and bought by online retailer Boohoo. This came only a couple of years after House of Fraser went into administration, before being bought by Sports Direct.

Luxury department stores

However, in 2024, as shown here, Selfridges' revenue had almost recovered to pre-pandemic levels, and competitor Harrods had also seen a significant increase in revenue in 2024. This suggests that there might be better times ahead for luxury department stores.