Harvey Nichols Warns of Collapse Without Rescue Deal

Luxury department store Harvey Nichols has issued a warning that it faces collapse unless a rescue deal is secured, with Mike Ashley’s Frasers Group reportedly a frontrunner among potential bidders.

10 Aug, 09:45 — 10 Aug, 09:45

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The GuardianMostly Factual22d ago

Harvey Nichols warns it could collapse without rescue deal, as bidders circle

Mike Ashley’s Frasers Group is frontrunner to buy Knightsbridge-headquartered department store chain Can Harvey Nichols find its way back to being Ab Fab again? Business live – latest updates Harvey Nichols has warned that it will not be able to survive another year without new investment, as bidders for the Knightsbridge-headquartered department store chain circle. The retailer’s Hong Kong-based owner, Dickson Poon, put it up for sale in June, with Mike Ashley’s Frasers Group aiming to bu...

By Jasper Jolly

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Harvey Nichols Warns of Collapse Without Rescue Deal

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Harvey Nichols warns it could collapse without rescue deal, as bidders circle

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