Next and Frasers are set to lodge takeover bids for UK department store chain Harvey Nichols on Tuesday, according to reports. The prospective buyers have been told to submit their offers as the retailer prepares to appoint a new owner. Harvey Nichols, a long-established department store business in Britain, is currently in a process to determine who will acquire it. The timing of the offers is noted as part of the sale process, with both companies expected to table their proposals on the same day. While the reports focus on the upcoming bid deadline, they do not provide details of the bid values or terms. The process suggests that the company’s ownership decision is approaching and that competing offers are expected to be assessed in the aftermath of the submission date. Overall, the available information centers on the parties involved, the scheduled timeline for submissions, and Harvey Nichols’ preparation for new ownership.