Mike Ashley’s Frasers offers to pay personal shoppers in Harvey Nichols takeover
Frasers Group has offered to secure the pay of personal shoppers and stylists at Harvey Nichols after Mike Ashley’s retail empire bought the luxury department store. The Sports Direct and Flannels owner will make “goodwill payments” to a number of personal shoppers and stylists who were left owing money when Harvey Nichols collapsed. Frasers snapped [...]
Frasers Group has extended a goodwill offer to pay personal shoppers and stylists at Harvey Nichols following the luxury department store's takeover. Mike Ashley's retail empire, through Frasers, purchased the struggling store for £40 million from administrators FTI last week. The offer aims to alleviate the financial burden faced by freelancers who were previously owed money for their services under Harvey Nichols' previous ownership.
Frasers has moved swiftly to address this issue, promising to remunerate personal shoppers and stylists on a monthly basis within 72 hours, rather than the previous quarterly payments. The Frasers spokesperson emphasized their commitment to supporting individual traders and small businesses, expressing their desire to reassure the affected freelancers that they will receive their due payments promptly and fully.
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