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Harvey Nichols boss Manju Malhotra exits but group denies any dispute
by cityam
Laura Mcguire
THE BOSS of Harvey Nichols, Manju Malhotra, will step down from her role as head of the luxury retailer, the firm confirmed yesterday.
Malhotra, who led the business for three years, will temporarily be replaced by Pearson Poon, the son of Chinese business magnate Sir Dickson Poon, who has owned Harvey Nicholls since the 1990s.
Poon, who currently serves as executive director, has been bumped up to the role of vice president until a permanent replacement is found.
Harvey Nichols told City A.M. the chief’s departure was not due to a previously speculated disagreement between her and Dickson Poon.
A spokesperson said: “Harvey Nichols notes the recent press coverage alleging to a dispute between CEO Manju Malhotra and Harvey Nichols’s shareholder.
“The group would like to reiterate that this is incorrect, the departure is on amicable terms with Manju