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Market Chatter: Next plc, Frasers Among Expected Bidders for Harvey Nichols

MT Newswires·07/27/2026 23:48:42
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11:48 PM EDT, 07/27/2026 (MT Newswires) -- UK retailers Next plc (NXT.L) and Frasers Group (FRAS.L) are expected to submit their bids for department store brand Harvey Nichols on Tuesday, Sky News reported, citing insiders. One prospective buyer told the news outlet that the auction result will be available within days, according to the Monday report. Interested parties also include Dubai-based Chalhoub Group and India-based Reliance Retail, the news outlet added. Next, Frasers and Harvey Nichols did not immediately respond to MT Newswires' requests for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)