Harrods department store opens at London Gatwick

Luxury department store, Harrods, has opened a mini-store in the South Terminal departure lounge at London Gatwick airport.

Offering more than 6,000 square feet of premium shopping, the new store focuses on luxury fashion, accessories and jewellery. The brands on offer include DKNY, M Missoni, Armani Jeans, Michael Kors, Swarovski and Paul Smith.

The new space also includes a Harrods’ Food Hall area, as well as the chance to buy own-brand gifts from McQ by Alexander McQueen, Love Moschino, Hackett, Zegna Sport, Gottex, Melissa Odabash, Monica Vinader, Seafolly, Orlebar, Heidi Klein, Carat, Elizabeth Hurley, Pamela Love, John&Pearl, Deepa Gurnani and Harrods of London.

The opening of Harrods’ new boutique comes during one of Gatwick’s busiest times of the year, with the airport expecting to handle more than three million departing passengers over the six-week summer break.

Harrods director for international and airports, Raj Assanand, said: ‘I am delighted to see another fantastic Harrods Airport store open, following the success of our other sites at Gatwick and Heathrow. The new Gatwick store follows in [the tradition of] Harrods’ dedication to the best in luxury fashion and accessories.’

The South Terminal has recently announced the opening of ten new and revamped stores. The first phase of retail outlets, which included Kurt Geiger, Hugo Boss and Lacoste, opened their doors on July 18. Later this year, an additional 12 new or revamped stores, which also have a focus on fashion, will complete the transformation of South Terminal retail.

Spencer Sheen, head of retail, London Gatwick, said: ‘This year, we will spend £21 million in the South Terminal departure lounge to enhance our retail offering and ensure we deliver a world-class experience for our passengers.

‘The new Harrods store at Gatwick is a very important part of this. Not only does it look fantastic, the boutique offers an excellent mix of brands that will delight our passengers. We look forward to continuing to work closely with Harrods to make the most of this exciting opportunity.’

Qatar Holding Announces Harrods Hotel in Kuala Lumpur

Qatar Holding, a Qatar-based investment company, founded by the Qatar Investment Authority, has announced the development of new Harrods brand hotels at prime locations worldwide.

In 2010 the company bought the London-based, Harrods department store, for a price of around GBP1.5 billion. The recent launch of the hotel brand is part of the company strategy to develop and expand The Harrods Group portfolio.

The company intends to open Harrods hotels in key cities around the world, including Kuala Lumpur, New York and Paris, and certain major cities in China. Preference will be given to construct on sites already owned by Qatar Holding or its affiliates, for example at Chelsea Barracks in London or Costa Smeralda in Sardinia.

The company has recently entered into a Memorandum of Understanding (MOU) in Malaysia, with property developer, Jerantas Sdn Bhd, to study the possibility of developing a GBP406 million Harrods Hotel in Bukit Bintang, Kuala Lumpur. The new development is likely to include a 300-room hotel, residential apartments, and retail spaces.

Dr Hussain Ali AI-Abdulla, vice-chairman of Qatar Holding, said, ‘Qatar Holding will invest more, especially in Malaysia’s natural resources, due to the country’s political stability and economic growth expected to average 5 percent.’

Qatar Investment Authority, the autonomous wealth fund of the natural gas-rich state of Qatar, has invested heavily in western assets, that include iconic names such as Porsche, the Germany-based car manufacturer, Barclays, the UK-based bank, LVMH Moet Hennessy Louis Vuitton, the France-based luxury design company, and Tiffany, the US-based jeweller.