Ab fab as Poon sells Harvey Nicks 火刑／賭ける

By Daily Mail Reporter
Updated: 00:00 BST, 9 April 1999

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What an 絶対 fabulous idea, darling! And look what it has done for our 株. Er, yes, but what does it all mean?

Edina and Patsy, famous patrons of Harvey Nichols, would have needed to call their wonderful stockbro ker to untangle what lies behind yesterday's change of 所有権 of a controlling 火刑／賭ける in the Knightsbridge 蓄える／店.

Colourful Hong Kong entrepreneur Dickson Poon, whose 引用するd group has 51pc of Harvey Nicks , sold the 火刑／賭ける to a company owned by - Dickson Poon. The move 増加するs 憶測 that Poon, whose 財政上の empire was under 圧力, may be の近くに to selling his Nichols 株 altogether.

A 買い手 would then be 軍隊d to make a 十分な 企て，努力，提案. One 分析家 said: ' A 企て，努力，提案 is a real 可能性. Selfridges

would have to be 利益／興味d.' 高級な goods group LVMH is another possible owner.

Harvey Nicks was bought by Poon's 引用するd 乗り物, Dickson 概念s, in 1991 for £51m. 仲買人s say yesterday's 改造（する） by Poon was probably done to （犯罪の）一味-盗品故買者 概念s 株主s from a 激しい spending programme planned for his European empire. The group has 苦しむd from a 低迷 in Hong Kong 小売ing.

貿易（する）ing at Harvey Nicks has also been 堅い. First-half 利益（をあげる）s were flat at £6.1m.

The 株, floated at 270p in 1996, 伸び（る）d 61/2p to 195p on the rejig, valuing the group at £107m. On 貿易（する）ing grounds, they should not be chased, but 企て，努力，提案 prospects remain.