Retail GazetteBusiness & Tech• 5 min read

Inside Frasers’ £40m Harvey Nichols bet, can Mike Ashley finally crack luxury?

Published 14 August 2026, 8:10am

Frasers Group has landed one of British retail’s most famous names for around £40m. But buying Harvey Nichols may prove the easy part. From repairing supplier relationships to deciding which stores survive, the deal could become the biggest test yet of Mike Ashley and Michael…

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