-+ 0.00%
-+ 0.00%
-+ 0.00%
Dickson Founding (00113): The sale of Harvey Nichols in the UK had no impact on the Group's business and operations
Share
Listen to the news

Zhitong Financial App News, Dyson Foundations (00113) issued an announcement. The board of directors of the company was notified by the board of directors of Harvey Nichols Group Limited (Harvey Nichols UK) that the business and assets of Harvey Nichols UK and its subsidiaries were sold on August 13, 2026 (the UK sale).

The Board is aware of media and market interest in the UK sale and believes it is appropriate to clarify the relationship between Harvey Nichols UK and the Group and the impact of the UK sale on the Group.

Harvey Nichols UK is not a member of the Group. The Company or any of its subsidiaries do not hold shares or shares in Harvey Nichols UK or any of its subsidiaries. Further, for the avoidance of doubt, the Group does not provide any loans, guarantees, indemnities or collateral to Harvey Nichols UK or any of its subsidiaries, and is not a party to any such arrangement.

The Group's Harvey Nichols retail business in Hong Kong, including the “Harvey Nichols” store at Pacific Place in Admiralty, is owned and operated by a wholly-owned subsidiary of the Company. These businesses are separate and independent from Harvey Nichols UK in terms of ownership, management, employment, inventory procurement, and day-to-day operations. The Group will continue to operate Hong Kong stores on the same basis as before.

Accordingly, the sale of Harvey Nichols in the UK had no impact on the Group's business and operations.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending