Sports Direct Owner Buys Harvey Nichols

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.

Coverage from 2 publishers 2 source reports

BBCGuardian

Harvey Nichols bought by Sports Direct owner

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Harvey Nichols was founded in 1831, but had appointed an administrator in June.

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BBC Published 13 August 2026

Harvey Nichols bought by Sports Direct owner

Harvey Nichols was founded in 1831, but had appointed an administrator in June.

Guardian Published 13 August 2026

Sports Direct owner buys Harvey Nichols department store chain

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…

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