Chanticleer
The three keys to Anchorage’s David Jones turnaround plan
Private equity firm Anchorage is backing an iconic brand and a leader it believes can turn David Jones around.
It’s not by chance that the only person actually named in the press release announcing the sale of iconic department store David Jones to private equity firm Anchorage Capital Partners was Scott Fyfe, who has led David Jones since October 2020 and will continue to run the business for its new owners.
While sources said Anchorage managing partners Beau Dixon and Simon Woodhouse have led the transaction for the private equity firm over a marathon 18 month process, the pair was not speaking publicly following the deal.
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