TGJones owner Modella weighs takeover of Harvey Nichols, Sky News reports

July 20 (Reuters) - British private equity firm Modella Capital has expressed interest in buying luxury department store chain Harvey Nichols, Sky News reported on Monday, citing industry sources.

Here are some more details:

• The investment firm's interest in the luxury retailer comes amid media reports of approaches by major British retailers Next and Frasers.

• It is unclear how serious Modella Capital's intentions were for the retailer of everything luxury, ranging from cosmetics and fashion brands to food and wine, the report said.

• Modella Capital, which owns retailers such as Hobbycraft and Flying Tiger, recently bought and backed the restructuring of TGJones, WHSmith's former high street arm.

• Harvey Nichols, Modella, Next and Frasers declined to comment on the matter when asked by Reuters.

• Next and Frasers have not publicly commented on reports of their interest in the brand founded in 1931.

(Reporting by Simone Lobo, Krisha Bhatt and DhanushVignesh Babu in Bengaluru; Editing by Devika Syamnath)