Retail tycoon Ashley puts finishing touches to Harvey Nichols rescue deal

The retail billionaire Mike Ashley was on Wednesday putting the finishing touches to a rescue deal for Harvey Nichols, the department store chain.

It has been warned that the retailer needs to obtain emergency funding or face a potential collapse

Store closures alert: UK retailer Harvey Nichols confirms future is in doubt with 1,200 jobs at risk  GB News

Harvey Nichols could collapse following the publication of its latest accounts.

Mike Ashley’s Frasers Group is frontrunner to buy Knightsbridge-headquartered department store chain Can Harvey Nichols find its way back to being Ab Fab again? Business live – latest updates Harvey Nichols has warned that it will not be able to survive another year without new investment, as bidders for the Knights

The luxury department store chain will 'cease trading' if it fails to agree a sale and no additional funding is found, the group's directors cautioned in its latest accounts

Harvey Nichols will collapse into administration if a rescue buyer is not found, directors of the luxury department store chain have warned. The retail empire will “cease trading” if it fails to agree a sale and no additional funding is found, the group’s directors cautioned in its latest accounts.  Harvey Nichols coul

Mike Ashley's Frasers Group, which owns House of Fraser and Sports Direct, has emerged as the front-runner to buy Harvey Nichols.

Mike Ashley's Frasers Group, which owns House of Fraser and Sports Direct, has emerged as the front-runner to buy Harvey Nichols.

Sports Direct founder casts doubt over department store chain’s prospects even as he vies to acquire it