Harrolds

Last updated
Harrolds
Founded1985
FounderJohn, Mary, and Theo Poulakis
Headquarters
Sydney
,
Australia
Website harroldsau.com

Harrolds is an Australian mens department store founded in 1985 by John, Mary, and Theo Poulakis. [1] [2]

In 2024 the family-run chain entered administration and closed its three stores in Melbourne, Sydney and on the Gold Coast. [2] Harrolds was revived in 2025 by two former employees and now operates one store in Sydney.

History

Harrolds was founded in 1985 by John, Mary, and Theo Poulakis, [1] [2] as a mens department store. [3] The first store was located on Collins Street, Melbourne. [2] Harrolds opened a womenswear store at Westfield Sydney in 2015. [3] [4]

In October 2024, the company entered administration with creditors owed $16.3 million with all three stores closed. [2] [5]

Harrolds was revived in 2025 by former employees Arasch Enayat and Gino Pagano. [2] The Sydney store reopened in July 2025, the Melbourne and Gold Coast stores will not reopen. [2] The store now only focuses on menswear. [2] The Poulakis family is no longer involved in the company. [6]

References

  1. 1 2 "Harrolds co-owner Theo Poulakis talks to Ragtrader about the strategy behind his boutique chain". Ragtrader. Retrieved 2025-10-05.
  2. 1 2 3 4 5 6 7 8 Sams, Lauren (2025-07-01). "Luxury department store Harrolds is back from the dead". Australian Financial Review . Retrieved 2025-10-05.
  3. 1 2 Frank, Julia (17 February 2015). "Why this store is about to change luxury fashion retail for Sydney". Vogue Australia .
  4. ↑ Harolds Westfield Sydney
  5. ↑ Ignacio, Celene (2024-10-22). "Luxury fashion retailer Harrolds collapses; creditors owed $16 million". Inside Retail . Retrieved 2024-10-23.
  6. ↑ Enerva, Kaycee (2025-07-02). "Harrolds is back under new ownership with Sydney store debut". Inside Retail. Retrieved 2025-10-05.
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