What Now for Edinburgh Retail Landmark as Harvey Nichols Sold?
6 Articles
6 Articles
Harvey Nichols gives Frasers the luxury credibility it could not buy elsewhere, says GlobalData
Discover what's happening in retail today, Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and much more. The acquisition of Harvey Nichols lends immediate credibility to Frasers Group within the luxury space, thanks to the existing brand relationships the department store possesses with exclusive luxury players, and the prestige of the Knightsbridge flagship, says GlobalD…
Harvey Nichols sold to Frasers Group through pre-pack administration after beating Next
Mike Ashley’s Frasers Group has acquired the department store chain Harvey Nichols through a pre-pack administration covering about 1,000 jobs, the retailer’s six UK stores and its online and international franchise operations, according to administrators FTI Consulting. FTI said the deal “safeguards a 200-year-old institution”. Frasers, the FTSE 100 retailer, said it would begin a “significant restructuring” of Harvey Nichols to “right-size the…
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