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Harrods Sets $81M Fund for Abuse Survivors Amid Losses

10/5/2025

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Summary

Story summary

Harrods allocated $81 million (£62.3m) for a compensation scheme for sexual abuse survivors tied to owner Mohamed Al Fayed, with payments starting April 2025 and running through March 31, 2026.
More than 100 claimants may receive up to $519,000 (£385,000) each.
Harrods reported a $46 million (£34.3m) loss from the fund, contrasting with over $150 million profit the prior year.

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Story summary

Harrods allocated $81 million (£62.3m) for a compensation scheme for sexual abuse survivors tied to owner Mohamed Al Fayed, with payments starting April 2025 and running through March 31, 2026.
More than 100 claimants may receive up to $519,000 (£385,000) each.
Harrods reported a $46 million (£34.3m) loss from the fund, contrasting with over $150 million profit the prior year.