By  on October 8, 2019

LONDON — Selfridges is seeing the investment in its ambitious store revamp start to pay back. The company reported sales reached 1.85 billion pounds for the year ending February 2019, up 6 percent from the previous year. This is the sixth year in a row the British department store posted positive revenue growth.

Operating profits were 170 million pounds, which was “slightly down on the previous year” due to continued investment across the business, including a new, modernized office space above its Oxford Street flagship and a permanent cinema.

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