The Guardian World · Aug 10, 2026

Harvey Nichols warns it could collapse without rescue deal, as bidders circle

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 Knightsbridge-headquartered department store chain circle.