What changed in this update
Harvey Nichols was founded in 1831, but had appointed an administrator in June.
Frasers Group, the owner of Sports Direct controlled by Mike Ashley, has acquired Harvey Nichols out of administration. The upmarket department store chain appointed administrators in June after warning it could run out of money without new funding. Frasers has bought the majority of Harvey Nichols' sites.
BBC News – Business Harvey Nichols was founded in 1831, but had appointed an administrator in June.
BBC News – Business Harvey Nichols was founded in 1831, but had appointed an administrator in June.
Mike Ashley’s Frasers Group acquires majority of upmarket retailer’s sites from the administrators Business live – latest updates The owner of Sports Direct has bought Harvey Nichols out of administration after the upmarket department store chain warned it could run out of money if it did not find new funding. Mike Ashley’s Frasers Group said on Thursday it had bought the chain, which is headquartered at its store i…
NYTimes – Business Paramount has reached a settlement with 12 US states that sued to block its $110 billion acquisition of Warner Bros. Discovery, removing a major antitrust hurdle. The deal resolves one of two major lawsuits holding up the merger; the other, filed by the Writers Guild of America, was also settled. Paramount is the parent company of CBS News.
NYTimes – Business Major US broadcast networks including ABC, CBS, Fox News and NBC suspended White House "pool" television coverage in solidarity with CNN after the Trump administration barred CNN, MS NOW and Politico from the grounds. The coordinated move, announced Monday, escalates the administration's confrontation with the White House press corps and drew widespread condemnation.
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