David Jones owners consider major store closures amid financial strain

David Jones hosted Queen Elizabeth II and Dior - but nostalgia won’t save it

The Age • 30 Հոկ 18:00

The 188-year-old Australian department store is confronting severe financial strain, with owners considering a major reduction in its store network to preserve the business.

David Jones hosted Queen Elizabeth II and Dior - but nostalgia won’t save it

Brisbane Times • 30 Հոկ 18:00

The 188-year-old Australian department store is confronting severe financial strain, with owners considering a major reduction in its store network to preserve the business.

Australia's oldest department store David Jones facing financial collapse after 188 years

7NEWS • 30 Հոկ 03:27

Australia's oldest department store is reportedly on the brink of financial failure, with store closures under consideration and major luxury brands having withdrawn.

David Jones held many rites of passage for Australians; lately it feels like death by a thousand cuts

The Guardian • 28 Հոկ 01:07

Australia's historic department store, David Jones, is confronting financial and market pressures that put its post-Christmas outlook in doubt, despite its long-standing cultural significance.

D-day for David Jones: Department store’s future to be decided by Christmas

The Age • 27 Հոկ 03:21

Private equity owner Anchorage Capital and lender Hilco Capital are negotiating funding and possible store closures to secure the department store's future beyond the holiday season.

David Jones on life support as directors weigh insolvency

Nine.com.au • 26 Հոկ 22:06

Australia's historic department store David Jones may be wound up after breaching a loan covenant, while its main lender Hilco Global has provided additional capital to support inventory for the upcoming Christmas season.