Get the app →
BriefTea logoBriefTea

Every story in sixty words

Get the free app no ads · no paywall

Explained in plain English

Who owned Harvey Nichols before?

Before Sir Dickson Poon, the Hong Kong tycoon mentioned in the story, the department store Harvey Nichols had a varied ownership history. It was originally founded in 1831 by Benjamin Harvey. Over the years, it changed hands several times, including being part of the Burton Group in the 1970s before Poon acquired it in 1991.

Stories that explain this

Hedge Fund Boss, 36, Buys £40m Belgravia Mansion Near Buckingham Palace

Questions this opens up

Who founded Harvey Nichols? When did Poon sell Harvey Nichols? What other stores did Burton own?

Related explainers

What is 'administration'? What is Boohoo? Who founded Burton? What happened to Topshop? What is a hedge fund, exactly? Who can invest in a hedge fund? Who invests in hedge funds? Are there still Dorothy Perkins stores?

The full catalogue

Browse every card filed under O →