Harvey Nichols’ Birmingham Store Will Close in January
The department store’s Leeds and Bristol outlets will be converted to the Flannels brand in a shake-up under Mike Ashley’s Frasers Group, which purchased the chain when it was put into administration in mid-August.
Harvey Nichols is set to close its Birmingham store in January, resulting in the loss of at least 60 jobs, according to the latest update from Mike Ashley's Frasers Group. The department store chain, originally purchased for £43 million in August, is undergoing a rebranding process that will convert the Leeds and Bristol stores into the Flannels brand.
The Manchester, Edinburgh, and London Harvey Nichols stores remain uncertain for their future. Administrator's earlier informed the Birmingham staff about the closure, which will take place after 25 years of operation. The Flannels chain, also part of Frasers Group, has been a recent addition to the luxury fashion portfolio of the group which also includes House of Fraser and Mulberry.
Despite the closure, Frasers Group continues to invest in the luxury market, with Ashley recently raising his stake in the German label Hugo Boss to 48%.
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- Harvey Nichols’ Birmingham store to close in January theguardian.com
