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Harvey Norman is the flagship brand of Harvey Norman Holdings. Harvey Norman is mainly a household goods retailer – with items being sold in their stores including major appliances, small appliances, information technology (such as computers, printers and mobile phones), furniture, bedding, hardware (bathrooms) and flooring among other things ...
Nik Papa was appointed General Manager in July 2010. Papa had previously been a Harvey Norman franchisee. [4]On 11 August 2011, Harvey Norman Executive Chairman Gerry Harvey announced that the Clive Peeters brand was "stuffed" and tainted beyond repair, admitting that it was a bad business decision for Harvey Norman to take over Clive Peeters in the first place.
Harvey's purchase of PM Entertainment was closed in January 2000, with PM becoming a fully-owned subsidiary of Harvey. [21] In February, the company launched a new subsidiary, Harvey Fashion LLC, as a joint-venture with PG Capital. Harvey Fashion would manufacture, sell and market apparel collections based on the classic Harvey characters. [22]
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The first Harvey Norman store opened in a shopping centre in Auburn, in 1982, the same year as the sale. [3] Forbes, had estimated in 2001, that he was 37th richest person in Australia. By 2014, Ian Norman, who remained an executive, held 175 million shares of Harvey Norman, a 16.5% stake worth an estimated $560 million.