Harvey Nichols news and archive

Harvey Nichols chief to exit store by end of year

Manju Malhotra, the chief executive of luxury retail establishment Harvey Nichols, has quit and will exit the retailer by the end of the year. Ms Malhotra has not commented on the decision following reports there was a clash on strategy with the store’s proprietors. Ms. Malhotra, who was appointed to the role of chief executive offer in 2020,...

Business

Losses continue at Harvey Nichols but improvements have been made

British department store Harvey Nichols is seeing a slight turnaround in its losses as they begin to narrow, evident in its newly published financial report for the period ended April 2, 2022. In a filing with the UK’s Companies House, the firm’s Harvey Nichols and Company Limited subsidiary, responsible for its London flagship, reported a...

Business

Harvey Nichols CEO calls for return of tax-free shopping for tourists

The CEO of British department store chain Harvey Nichols has called on the government to reinstate tax-free shopping for tourists. “I would urge the government to really prioritise it before an election,” Manju Malhotra said in an interview with The Telegraph. “We all benefit from international businesses coming to the UK. The high street,...

Retail |In Pictures

Alice + Olivia creates secret garden on Harvey Nichols terrace

Contemporary US womenswear label Alice + Olivia by Stacey Bendet is celebrating its spring collection with a floral ‘secret garden’ takeover of the terrace at Harvey Nichols in Knightsbridge. The Alice + Olivia Secret Garden will run until the end of May, coinciding with the Chelsea Flower Show, and features bright flower walls, pink tables and...

Business

Harvey Nichols to stop selling fur by end of 2023

British department store Harvey Nichols has announced that it is planning to stop selling fur by the end of 2023. The decision comes after an investigation into Chinese fur farms by animal protection organisation Humane Society International (HSI) UK in 2021 found “sickening” evidence of inhumane environments the animals were being kept in....

Retail

Harvey Nichols, John Lewis and Primark among those calling on police to prioritise retail crime

Over 100 retailers have come together in a joint letter to Police and Crime Commissioners (PCCs) in England and Wales, calling on it to commit to making retail crime a priority in local policing strategies. In the letter, which was shared by the British Retail Consortium (BRC), retailers had expressed increasing concern over the rising levels of...

Business

Harvey Nichols sees sales decline

2021 might have been a turnaround year for many brands and stores after the pandemic, but Harvey Nichols found itself in the red. However, despite a decline in sales and an increase in losses, the store has said they are still prepared to expand and have the cash on hand to do so. Harvey Nichols reported that their losses after taxes had...

Business

Harvey Nichols enters the world of NFTs

British luxury department store Harvey Nichols has become another player in the non-fungible token (NFT) sphere, with the launch of a 20,000 avatar collection and related consumer competition. The NFT avatars were made in collaboration with Rtfkt Studios’ Clone X Project, with some additions also designed by Japanese contemporary artist, Takashi...

Business

Reflaunt excites fashion brands and retailers with their accessible Resale-as-a-Service proposition

Today, vintage and resale are becoming an established and formal element of the fashion industry. A recent report indicated that resale has grown 21 times faster than traditional retail over the past three years. By 2023, the market is set to reach $51bn, growing at an annual projected rate of 16%. In 2020 the market beat those projections, with...

Retail

Harvey Nichols to celebrate 25th anniversary in Leeds

Luxury department store Harvey Nichols Leeds is hosting a series of special celebrations this October to mark its 25th anniversary in the city. Harvey Nichols in Leeds first opened its doors on October 23 1996, to mark the retailer’s first store outside of London, and it fast became the brand’s “Knightsbridge of the North” with its five floors...

Retail

Subscription service Cocoon launches pop-up at Harvey Nichols

Luxury handbag subscription service Cocoon will be opening a new pop-up shop at Harvey Nichols in Knightsbridge, London. Set to stay at the location for three months, the service will give shoppers the opportunity to see Cocoon’s handbag collection and learn about the membership subscription service the platform offers. Existing members will...

Fashion

Students University of Salford unveil collaboration with Harvey Nichols

Fashion Design students of Salford University unveiled their collection in collaboration with Harvey Nichols. ‘Made in Salford’ is a specially curated collection, made up of one-off garments designed and crafted by graduate students from the university. Over 30 graduates have been included in the initiative, with more than 150 pieces set to be...