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David Jones says no delay on new Latitude credit card

Carrie LaFrenz

David Jones chief executive Scott Fyfe says Latitude Financial’s massive data breach has not changed the start date or plans for its new store credit card, which is set to launch later this year.

The upmarket department store and Latitude penned a new 10-year deal in January, with David Jones ditching its long-term partner American Express. By March, Latitude was grappling with one of the biggest data breaches in Australia, revealing this week that 7.9 million driver’s licence numbers of Australian and New Zealand customers and applicants were stolen.

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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com

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    Original URL: https://www.afr.com/companies/retail/david-jones-says-no-delay-on-new-latitude-credit-card-20230328-p5cvu7