Mike Ashley the Sport Direct tycoon indicated his interest in snapping-up Harvey Nichols last week - now he has announced his Frasers Group has bought the famous department store chain
Mike Ashley's Frasers Group buys Harvey Nichols after high street giant's plunge into administration
Mike Ashley the Sport Direct tycoon indicated his interest in snapping-up Harvey Nichols last week - now he has announced his Frasers Group has bought the famous department store chain
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Joe Smith News Reporter
Mike Ashley’s Frasers Group has struck a deal to acquire struggling luxury department store Harvey Nichols.
The 195-year-old department store will join Frasers' stable of brands, including Sports Direct, Flannels, House of Fraser and…
Harvey Nichols warned in its latest accounts that it would need to ‘cease trading’ within a year if it failed to secure fresh…
It comes after an auction process for Harvey Nichols which saw Frasers battle retail rival Next to take control of the brand.
Mike Ashley’s Frasers Group has gatecrashed the sales process for Harvey Nichols, defying initial objections from some of its…
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Sports Direct boss Mike Ashley buys Harvey Nichols
