Dickson Concept (00113) has issued a statement to address market and media speculation regarding the recent sale of Harvey Nichols UK. The company's board confirmed that the sale of Harvey Nichols Group Limited and its subsidiaries' business and assets was completed on August 13, 2026.
The board emphasized that Harvey Nichols UK is not a member of the Dickson Concept group. Neither the company nor any of its subsidiaries hold any shares or equity in Harvey Nichols UK or its affiliates. Furthermore, to clarify any confusion, the group has not provided any loans, guarantees, indemnities, or mortgages to Harvey Nichols UK, nor is it a party to any such arrangements.
Dickson Concept's Harvey Nichols retail operations in Hong Kong, including the store at Pacific Place in Admiralty, are owned and operated by a wholly-owned subsidiary of the company. These operations are completely separate and independent from Harvey Nichols UK in terms of ownership, management, employment, inventory procurement, and daily operations. The group will continue to run its Hong Kong stores on the same basis as before. Consequently, the sale of Harvey Nichols UK has no impact on the group's business or operations.