LONDON — Selfridges is feeling the impact from the end of tax-free shopping in Britain.

The luxury department store saw revenue decline by 7 percent in the 48 weeks to Jan. 4, to 775 million pounds. In the 53 weeks of its previous year, Selfridges reported revenue of 835 million pounds.

The financial statement was drawn up from Feb. 4, 2024 to Jan. 4, 2025. Last year, Selfridges changed its financial year end to within seven days of Dec. 31.

Selfridges said that the losses were a result of “disruption to some supply chains due to worldwide conflicts and shipping route delays, inflation and exchange rate fluctuations, price increases across luxury brands, alongside higher costs of living, high energy costs and other economic conditions impacting customer confidence.”

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