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Harrods chief executive exits

Harrods chief executive James McArthur has left the luxury department store business less than a year after taking on the role.

McArthur, who joined last April, was appointed to the new role to oversee Harrods’ strategic operations.

The luxury department store has airport shops and an online operation, as well as its London flagship in Knightsbridge.

McArthur was a former Gucci vice president, and has also been chief executive of Balenciaga and interim chief executive at Yves Saint Laurent.

A Harrods spokesperson gave no details of the departure but said that there were no immediate plans to replace McArthur.

Michael Ward will continue as managing director of the business.

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