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David Jones' parent company pours cold water on sale talk

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There had been recent speculation the shopping institution could be sold. 9News

David Jones has poured cold water on recent speculation the shopping institution could be sold.

The second half of 2021 returned a $31 million profit for David Jones, down 44.6 per cent on the year prior and turnover also fell by 9.2 per cent.David Jones' parent company Woolworths Holding Limited said it was focused on turning around the retail giant. "WHL does not comment on media or market speculation," a spokesperson for the company told 9News.com.au.

 

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David Jones' parent company pours cold water on sale talkDJ&x27;s parent company Woolworths Holding Limited said it was focused on turning around the retail giant.
Source: 9NewsSyd - 🏆 23. / 51 Read more »