Paul Smith boss brands Frasers’ Harvey Nichols deal ‘dubious’
Culture Index
Score Breakdown
Relevance
14/25
Freshness
23/25
Authority
18/20
Brand Signal
6/15
Depth
6/15
5-Axis Cultural Radar
Paul Smith executive chairman Ewan Venters has questioned the ethics of Frasers Group’s takeover of Harvey Nichols, as suppliers face recovering just a fraction of the money they are owed. Venters hit out at the use of a pre-pack administration to sell the luxury department store to the Mike Ashley-controlled retail group for £43.3m last...
