Frasers Group Emerges as Frontrunner for Harvey Nichols Takeover – Report The UK listed Frasers Group has emerged as the leading contender to acquire department store chain Harvey Nichols.
This move would mark the end of 35 years of ownership under Hong Kong billionaire Dickson Poon. Frasers' ascension to the top spot is surprising, given its relatively short lived foray into luxury retail.
The company's previous attempt at online fashion retailer Matchesfashion was met with lukewarm reception from suppliers and customers alike.