British department store chain Harvey Nichols was founded in 1831. It currently operates stores in seven locations across the UK and Ireland, including its flagship store in Knightsbridge, London. Harvey Nichols also has a number of international stores in Asia and the Middle East. Retail Week provides news, analysis, features and opinion about Harvey Nichols and the department stores sector.
Mike Ashley has raised concerns over the future of Harvey Nichols, stating it is in a “death spiral”, despite his retail empire being in the running to acquire it.
Investor Gordon Brothers, owner of value retailer Poundland, has joined the battle to buy upscale department store group Harvey Nichols.
Frasers and Next are both expected to submit offers for department store group Harvey Nichols today.
Bidders for Harvey Nichols have been urged to invest up to £60m in the department store chain to deliver a successful turnaround.
Retail behemoth Next is setting its sights on luxury department store business Harvey Nichols, after the retailer’s Hong Kong owner hoisted a ‘for sale’ sign above the door
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