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Brazilian retailer GPA gets court approval for out-of-court recovery plan
InfoMoney·BR·2 days ago
Frasers Group is closing Harvey Nichols' Birmingham store in January, cutting at least 60 jobs, and converting Leeds and Bristol outlets to its Flannels brand. This follows Frasers' £43m acquisition of the chain from administration in August, signaling a strategic shift toward its lower-priced Flannels format and away from the premium department store model.
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