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Frasers Group confirms acquisition of Harvey Nichols, warns of ‘significant restructuring’
Frasers Group has acquired Harvey Nichols from FTI Consulting, which was appointed as administrators for the company, including all six of its UK stores, online business and existing inventory. In a statement, Frasers Group said that Harvey Nichols has faced "sustained trading and operational challenges" in recent years and warned that "significant restructuring and integration" will be required. …