SHARE

Selfridges reports total revenues up 5% to £1.4bn in the year to January 2016

The upmarket UK department store chain reported an operating profit of £152m, decreased in part due to a £300m investment programme that was launched in 2014. The group noted that it has seen a positive impact from the devaluation of the pound since June.

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.