Allegations that Fayed raped and sexually assaulted dozens of women at his properties in London and Paris were first made last year.
According to Sky News, Harrods is now negotiating the terms of a redress scheme through its law firm MPL Legal.
A Harrods spokesperson told The i Paper: “It would be premature for us to comment on the nature and details of a scheme that is currently under consultation.
“Further updates will be provided once the consultation period is complete.”
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