Harvey Nichols’ Dublin store has entered liquidation after the High Court heard that its Irish operating company was insolvent and unable to pay its debts. The business employs 33 people and has net liabilities of €28.2 million.
Ms Justice Siobhan Stack appointed John Boland and Nicholas O’Dwyer of Grant Thornton as provisional joint liquidators, giving them powers to manage the process.
The court heard that the Dundrum Town Centre store had failed to recover from weak trading after the Covid-19 pandemic. Its UK parent had also stopped providing financial support.
According to evidence presented to the High Court, the store’s…