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Mike Ashley's Frasers Group acquires Harvey Nichols out of administration

BBC · The Guardian · first seen 13.08.2026

Mike Ashley's Frasers Group (owner of Sports Direct) has acquired the upscale department store chain Harvey Nichols out of administration, saving its 13 stores and 1,200 employees following its administration filing in June.

  • Frasers Group acquired Harvey Nichols out of administration
  • The acquisition includes 13 stores and 1,200 employees
  • Harvey Nichols was acquired by the owner of Sports Direct.
  • The historic retailer had previously appointed an administrator in June.

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