By  on June 2, 2009

LONDON — Beware of China; American retailers are committing commercial suicide; mass spending power is gone forever; the worst of the global financial crisis is yet to come — Joseph Wan, the longtime group chief executive of Harvey Nichols, doesn’t demur when it comes to the future of fashion and retail, at home and abroad.

“We haven’t yet seen the worst of this crisis; it will, perhaps, come in the second half of 2009, and then we can take stock,” said Wan from behind a conference table at the store’s corporate offices in Knightsbridge here.

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