The Age
·general
·6 hours ago
David Jones secures $190 million refinancing, extending financial relief without new funds
David Jones secured refinancing of up to $190 million with Gordon Brothers on April 28, extending its financial relief without additional funds. The iconic Australian retailer has struggled with a $74 million loss in 2024 and ongoing supplier payment delays, prompting concern among vendors. The 2026 financial year shows early signs of improvement amid challenging consumer conditions.
Summary by Glance · The Age
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