The owner of Poundland, Gordon Brothers, has submitted an offer to buy luxury department store chain Harvey Nichols as the retailer’s long-standing owner moves toward a decision on its future. Multiple bidders are now in the running, with the process tightening as deadlines approach. Sky News reports that Gordon Brothers has tabled an offer as Harvey Nichols nears a decision on its fate. Retail Gazette adds that the company makes its bid ahead of a deadline this week, joining other suitors including Frasers Group and Next. Harvey Nichols is described as loss-making, and the current auction reflects wider competition among potential buyers for the retailer. The chain is based in Knightsbridge and is owned by Sir Dickson Poon, who has held the business for many years. The sources indicate that the bidding process is underway and that a decision is expected shortly, but they do not specify the offer values, terms, or whether a sale is certain.