Poundland owner joins race to buy Harvey Nichols

Poundland owner Gordon Brothers has submitted a bid for Harvey Nichols as competition intensifies to acquire the loss-making luxury department store chain.
The US investment firm tabled an offer ahead of a deadline this week, joining Frasers Group and Next in the race to buy the retailer from its long-standing owner Sir Dickson Poon.
Frasers and Next are understood to be the leading contenders, although Dubai-based luxury retail group Chalhoub and India’s Reliance Retail are among the inte