BREAKING: Harvey Nichols quittign Turkey

Biritish luxury fashion retailer Harvey Nichols has reportedly decided to pull out of Turkey, reports news website Hberdar.com.  Once viewed as the pinnacle of Turkey’s rising consumer power, Harvey Nichols’s four story store at Istanbul’s premier mall Kanyon was also   its flagship.

 

Last week, French energy giant  EDF Nouvelles had announced  its decision to leave Turkey. Honda (manufacturing) and Engie of France are others which are abandoning ship 

Published By: Atilla Yeşilada

GlobalSource Partners’ Turkey Country Analyst Atilla Yesilada is the country’s leading political analyst and commentator. He is known throughout the finance and political science world for his thorough and outspoken coverage of Turkey’s political and financial developments. In addition to his extensive writing schedule, he is often called upon to provide his political expertise on major radio and television channels. Based in Istanbul, Atilla is co-founder of the information platform Istanbul Analytics and is one of GlobalSource’s local partners in Turkey. In addition to his consulting work and speaking engagements throughout the US, Europe and the Middle East, he writes regular columns for Turkey’s leading financial websites VATAN and www.paraanaliz.com and has contributed to the financial daily Referans and the liberal daily Radikal.