Harrods posted profits of £94.9m for the 12 months to the end of January while Fenwick said it reduced annual losses from £35m to £22m last year..

The retailer’s previous loss was linked to tough trading conditions and £62.5 million of compensation payments to victims of its former owner.

Harrods posted profits of £94.9m for the 12 months to the end of January while Fenwick said it reduced annual losses from £35m to £22m last year..