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Business · 5 July 2026

Next reportedly plans takeover bid for luxury department store Harvey Nichols

Next reportedly plans takeover bid for luxury department store Harvey Nichols

Paparazzi (Wikimedia, CC-BY-SA-3.0-migrated) | Mtaylor848 (Wikimedia, CC-BY-SA-4.0)

British clothing retailer Next is reportedly preparing a takeover bid for the luxury department store chain Harvey Nichols, according to Sky News reports on Saturday. The potential acquisition is still in its early stages, with neither company immediately commenting on the reports. Next's recent purchase of footwear brand Russell & Bromley for £2.5 million indicates a strategic expansion into premium retail.

Reported by Reuters · How we write briefs

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