Harvey Nichols Sale to Cost Luxury Brands Millions in Reduced Payouts

Following Frasers Group's acquisition of the department store chain, luxury brands like Chloé and Victoria Beckham will recover significantly less than expected.

3 Sept, 12:01 — 3 Sept, 12:01

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FTVery High1d ago

Harvey Nichols sale set to cost luxury brands millions

Brands including Chloé and Victoria Beckham to recover less than 15p in the pound after Frasers Group buys department store chain

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Harvey Nichols Sale to Cost Luxury Brands Millions in Reduced Payouts

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Harvey Nichols sale set to cost luxury brands millions

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