David Jones’ owner said it’s not selling. Could it be looking to buy?

Media speculation about Woolworths mulling over the divestment of David Jones caused excitement in Australia. However, Woolworths was quick to scotch the speculation in South Africa. The retailer issued no official statement to the Johannesburg Stock Exchange, and South African media devoted few column inches to it. Woolworths Holdings’ initial reaction to a report in The Australian about the potential sale of the department store chain was a blunt ‘no comment’. But subsequent

This content is for IR Pro subscribers only.

Subscribe now to unlock an all-access pass.

IR Pro - monthly

$6 for the first 30 days. (Auto renews at $30 per month)
  • Unlimited news access
  • Exclusive members only masterclasses (live and on-demand)
  • Weekly careers advice
  • Weekly and quarterly digital magazines delivered to your inbox
Subscribe now
Retailer’s choice

IR Pro - annual

$336 per year. (Auto renews annually.)
  • Unlimited news access
  • Exclusive members only masterclasses (live and on-demand)
  • Weekly careers advice
  • Weekly and quarterly digital magazines delivered to your inbox
Subscribe now