Can Harvey Nichols find its way back to being Absolutely Fabulous again?
Mike Ashley says it’s in a ‘death spiral’ but a refocus on design could be what the department store needs Such was the buzz around Harvey Nichols in its 90s heyday that the department store was regularly name-checked in Absolutely Fabulous, with Edina and Patsy’s frequent retail therapy trips to the store reflecting its position at the heart of the fashion industry at the time. How times change. These days Harvey Nichols is a business in trouble, one that has not turned a profit since the pandemic. Pre-tax losses were £35.3m in 2024. The retail chain – comprising the the original store in Kni
Read the full story at Business | The Guardian →