Harvey Nichols bought by Sports Direct owner
Harvey Nichols was founded in 1831, but had appointed an administrator in June.
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Notable Quotes
"The turnaround will require tough choices and we are prepared to make those decisions, even if that means a smaller business in the near term, to create a stronger and more sustainable Harvey Nichols for the long-term."
— Michael Murray , Executive
"The deal marked an important milestone for the company and provides a strong platform for the next phase of the business's evolution."
— Julia Goddard , Executive
"If you go into a Harvey Nicks store - and I did last week - they look terrible, they look really tired and basically they've suffered from a lack of investment."
— Catherine Shuttleworth , Executive
"I am pleased to have secured a buyer, providing continuity for Harvey Nichols and enabling it to move forward under new ownership."
— Lindsay Hallam , Executive
Key People
A retail analyst commenting on the value of Depop.
Julia Goddard is the chief executive of Harvey Nichols.
Lindsay Hallam is a senior managing director of FTI Consulting.
Michael Murray is the chief executive of Frasers Group.
Mike Ashley is a businessman and the founder of Frasers Group, formerly Sports Direct.
All Coverage
Harvey Nichols was founded in 1831, but had appointed an administrator in June.
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