JULY 22 2015 (The Conway Bulletin) – BAKU — Harvey Nichols, the upmarket, blingy British retailer favoured by the world’s globe trotting metropolitan elite has closed its store in Baku only four months after opening.
A spokesperson for Harvey Nichols declined to comment but she did confirm the news.
“Harvey Nichols has terminated its licence agreement with the operator of the Baku store. Consequently, the Baku store no longer operates under the Harvey Nichols brand,” retail-week.com quoted a spokeswoman as saying.
A Bulletin correspondent in Baku confirmed that the Harvey Nichols signage had been removed from its shop in an upmarket shopping mall.
The closure will embarrass the authorities in Azerbaijan who have taken pride in attracting some of the top luxury brands to Baku and turning it into a regional shopping Mecca.
And it also shines another spotlight on Azerbaijan human rights and corruption records which have been attracting criticism.
Harvey Nichols opened its Baku store in March 2015, its eighth overseas outlet and the first in the former Soviet Union. It operated in Baku through a franchise arrangement.
ENDS
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(News report from Issue No. 241, published on July 23 2015)
