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Harrods has reported a financial loss for last year after setting aside millions of pounds for fund to compensate women allegedly abused by the department store's one-time owner, Mohamed Al Fayed.
The retail giant reported a pre-tax loss of £34.3million in the year to February, following a profit of £111.5million the year before, according to company accounts.
Part of the loss includes £62.3million spent on 'employee welfare redress and related expenses on historic allegations', according to the Financial Times.
More than 100 women accused the disgraced former owner of rape and sexual assault.
Five brave survivors alleged in a BBC documentary that they had to barricade doors with chairs to get away from Al Fayed.
Former employees said he would fly them to Paris under the guise of a work trip, take away their passports and put them in hotel rooms without locks.
Chilling claims say he monitored them with CCTV in their own homes, phone tapping and he threatened their families if they ever dared to speak out about the abuse.
The billionaire Harrods tycoon died aged 94 in 2023 as one of Britain's most notorious alleged sex offenders.
Fayed sold Harrods, which is headquartered in Knightsbridge, London, to Qatar for £1.5billion in 2010.
More than 100 of the victims are set to be paid up to £200,000 compensation for general damages.
They are allowed to apply for multiple claims of up to £150,000 for for loss of employment opportunities resulting from sexual assault.
Michael Ward, who worked alongside Al Fayed for five years said he did not know of any of the abuse at the time.
He said in a statement: 'Awards and interim payments began being issued to eligible survivors at the end of April and the scheme will remain open until March 31.'
Harrods also put the losses down to weaker beauty trading and modernising some of its systems.
But Mr Ward has said he is 'confident in the strength of the business, and the resilience of the luxury sector'.
It comes after Fayed's former bodyguard revealed in an explosive book in June that the boss spied on customers using the changing rooms at Harrods for decades.
In the Monster of Harrods, a bodyguard known only as Biggie said the store was awash with cameras which also recorded inside the female staff toilets and locker rooms.
'People don't talk about this - there were cameras right up to the entrance and slightly inside the changing rooms used by Harrods customers, which meant if you were in a Harrods changing room during the Fayed era, there was a good chance that he was watching you,' Biggie revealed.
The installation of cameras, as well as bugging telephones, was said to have been ordered by the head of security ex-detective John Macnamara so Fayed could keep tabs on and seek out potential victims.
'The guys looked at the screens as if their lives depended on it. But they also realised that many of the questions Macnamara asked were about females who had caught Fayed's eye, so there was also a lot of sniggering as they watched women in changing rooms and toilets,' Biggie added.