Mike Ashley crashes Harvey Nichols sale as Next bidding war looms
Mike Ashley’s Frasers Group has joined the race to acquire Harvey Nichols, setting up a potential bidding battle with Next for the loss-making luxury department store.
Harvey Nichols told brand partners this week that it had been required to allow Frasers Group to participate in the sale process alongside other prospective buyers.
In a memo first reported by Sky News, the retailer said the situation surrounding the auction had “evolved”, despite concerns reportedly raised by se