Harvey Nichols warns it could collapse without rescue deal, as bidders circle
OMEGAZEPRIME News
This story was selected and curated by our editorial team in the Business category. Published on August 10, 2026 • Originally reported by Jasper Jolly. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
This story was selected and curated by our editorial team in the Business category. Published on August 10, 2026 • Originally reported by Jasper Jolly. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
Mike Ashley’s Frasers Group is frontrunner to buy Knightsbridge-headquartered department store chain
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 buy it for about £40m.
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