Harrods' new owners announce 'upgrade' plans - Telegraph
Qatar Holding is expected to back an expansion programme into new areas including China.
Managing director Michael Ward, who will retain his position, said: "There are a huge number of opportunities for the group. There are selective areas of the world in which we will develop."
Bought for £1.5bn from Mohamed Fayed, Qatar Holding can add the iconic department store to a long list of infamous assets, spanning financials, commercial property, retail and the automobile industry.
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