Upmarket department store David Jones is back in local hands as Anchorage Capital Partners takes the keys on Monday to the 185-year-old retail icon, aiming to create a near-$1 billion online business by doubling web turnover.
Managing partner Simon Woodhouse is the new chairman, partner Beau Dixon – who spearheaded this deal – and Anchorage founder Phil Cave will assume board seats, joining David Jones chief executive Scott Fyfe.
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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
