Who owns harrods

He now runs an acquisitions department for Qatar Holding. The UK is seen as a prime target, thanks to our lack of restrictions on overseas bidders, though the takeover of Cadbury by US conglomerate Kraft has led to calls for curbs. This article is more than 11 years old. Qatari royal family buys the iconic London department store, ending months of speculation and takeover rumours.

Harrods luxury department store in Knightsbridge. Topics Retail industry Qatar Sunderland Harrods news. While the controversial statue remained in place, there had been little chance that Harrods would regain the favour of the British royals.

With its removal, the Qatari royal family are hoping that Harrods can once again become a preferred shopping venue for the royals, according sources cited by The Telegraph. A spokesman for the Al Fayed family told The Times it was "grateful" to Qatar Holdings for preserving the memorial of the couple, adding: "It is now time to bring them home.

Noor nanji. It is unclear when exactly the store will remove it, with Harrods information staff unaware that it would be taken away. You are here Home Harrods shoppers anger at Qatari owners decision to remove Diana statue.

AN Photo. Updated 14 January Harrods shoppers anger at Qatari owners decision to remove Diana statue. January 15, Ken Costa, an adviser to the deal said Mr Al Fayed was retiring "to spend more time with his children and grandchildren".

Although he will not be involved in running the company on a day-to-day basis, Mr Fayed was reputedly expected to promote the store in his role as honorary chairman. Jump directly to the content. Sign in.