Harrods denies sale rumours
Harrods is "not for sale" the company said today after a media report that Mohamed Al Fayed had received an offer for the London store from a Gulf investor.
The iconic luxury retailer said it would not confirm or deny that any bid talks had taken place.
But Harrods did confirm it had written to staff to reassure them that the business would not be sold in the face of "gossip" about a potential deal.
The move follows reports on Sky News that Mr Al Fayed, who has owned the Knightsbridge store since 1985, had received an unsolicited approach from a major Gulf-based investor.
It is thought discussions took place until as recently as the last few days and the report said the business would be unlikely to be sold for much less than £2 billion.
Harrods spokesperson Katharine Witty said: "We do not comment on rumours or speculation. That is neither to confirm nor deny that any discussions have taken place to sell the store.
"However, for some time we have been aware of gossip circulating over a possible sale, and we took the decision to reassure staff this morning that this was not the case via a store-wide announcement.
"We are happy to confirm that Harrods is not for sale and is not being sold."
- 1 Isis 'jihadi bride' claims forced sex with Yazidi girls is never rape because Koran condones it
- 2 Art Garfunkel calls Paul Simon a 'monster' with a Napoleon complex
- 3 Woman accidentally shoots herself in the head while posing for a selfie
- 4 Isis burns woman alive for refusing to engage in 'extreme' sex act, UN says
- 5 Puerto Rico, island of lost dreams: People are leaving the debt-hit territory in droves as near neighbour Cuba's star rises
Isis 'jihadi bride' claims forced sex with Yazidi girls is never rape because Koran condones it
Woman accidentally shoots herself in the head while posing for a selfie
Isis burns woman alive for refusing to engage in 'extreme' sex act, UN says
Puerto Rico, island of lost dreams: People are leaving the debt-hit territory in droves as near neighbour Cuba's star rises
16-year-old girl beaten and burned alive by lynch mob in Rio Bravo, Guatemala
As a white man, I'm surprised more women aren't tweeting the hashtag #KillAllWhiteMen
Scotland may have to leave the EU even if it votes to stay in, David Cameron confirms
The day that Britain resigned as a global power
Almost a third of school pupils believe 'Muslims are taking over our country', study claims
SNP fury as HS2 finds 'no business case' for taking fast train service to Scotland
Gay marriage 'Bert and Ernie' cake bakery found guilty of discrimination in Northern Ireland
iJobs Money & Business
£40-50K: Guru Careers: We are seeking an experienced Software / C# Developer w...
£45,000 - £55,000: Neil Pavier: Are you looking for your next opportunity for ...
£45,000 - £55,000: Sheridan Maine: Are you a newly qualified ACA/ACCA/ACMA qua...
£50,000 - £60,000: Laura Norton: Are you looking for an opportunity within a w...