The boss of Frasers has hit back at “nonsense rumours” that fashion brands sought to scupper its attempt to join the auction for Harvey Nichols.

Mike Ashley’s Frasers Group has gatecrashed the sales process for Harvey Nichols, defying initial objections from some of its brands.

The boss of Frasers has hit back at “nonsense rumours” that fashion brands sought to scupper its attempt to join the auction for Harvey Nichols.