Ciao David Jones!
Cripes, the hoi poloi are suffering. David Jones, Australia’s failed up-market department store, could re-emerge from voluntary administration with fewer stores in a second chance for private equity owner Anchorage Capital. Anchorage is compelled to try its luck with a reborn David Jones freed of massive lease liabilities because of the underlying profitability of some The post Ciao David Jones!…
We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.