Frasers Group will close the doors of Birmingham’s Harvey Nichols on 3 January 2027, having already announced that it will convert Harvey Nichols’ Bristol and Leeds stores into Flannels.

It is the latest indication of what Frasers plans to do with the luxury department store, since buying it out of administration for £43.3m in August.

The Dublin store has already shut. The Irish Times reported administrators Grant Thornton confirmed that the Dublin store closed on 13 September, after it was unable to reach an agreement with Dundrum Town Centre to continue trading.

Harvey Nichols collapsed owing creditors £270.5m before being immediately sold to the Sports Direct owner through a pre-pack administration.

Frasers has already started integrating the business. It relaunched Harvey Nichols’ ecommerce operation last month, with Frasers Plus added to the site. Murray added that the group was reviewing Harvey Nichols’ brand mix.

Earlier this month, Frasers stressed that it was “building out a luxury retail ecosystem”. Murray explained: “Luxury has been a core pillar of Frasers Group for more than a decade, starting with Flannels and growing into a profitable £1bn + luxury ecosystem in just 10 years.

“With over 100 stores across the UK and US, we’ve built the expertise, scale, and brand relationships to support our next phase of growth.”

Frasers’ luxury strategy also extends beyond retail ownership. The group has built stakes in Burberry and Mulberry, while its holding in Hugo Boss has risen to 47.89 per cent.

Murray has previously indicated that strategic investments can develop over time, with the group assessing whether it would ultimately be prepared to own a business outright.

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