Mike Ashley – Retail Now

Harvey Nichols bought by Frasers Group

13 August 2026 Editor

Luxury department store chain Harvey Nichols has been bought by Mike Ashley’s Frasers Group in a pre-pack administration deal for an undisclosed amount and beating off a rival bid from Next. The acquisition covers Harvey […]

Frasers Group poised to rescue Harvey Nichols in pre-pack deal

13 August 2026 Editor

Frasers Group is reportedly on the brink of acquiring Harvey Nichols through a pre-pack administration deal, bringing an end to the auction process for the iconic luxury retailer, according to Sky News. Sources indicate that […]

Frasers builds Burberry position to become third-largest shareholder

29 July 2026 Editor

A regulatory filing from Frasers Group shows the company expanded its financial interest in Burberry from 3.05% to 4.16%. The entire position is held through sold put options linked to Burberry shares, rather than through […]

Ted Baker to close all remaining UK stores

20 August 2024 Editor

Negotiations over the future of Ted Baker have failed, putting 500 jobs at risk as the company faces a full shutdown. Ted Baker is set to permanently close all 31 of its remaining UK stores […]