The billionaire who’s a winner from David Jones’ collapse (australia) — SMH
SMH ·australia ·2 hours ago

The billionaire who’s a winner from David Jones’ collapse

A major retailer, Myer, has endured a tumultuous year as its struggling rival, David Jones, went belly-up. Despite being run by a billionaire, Myer has managed to secure a share of sales at a 50% premium on David Jones' shares, up by as much as $180 million.

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Published 05 Nov 2026, 04:17 UTC · Updated 05 Nov 2026, 04:20 UTC

Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections