David Jones’s finances were reviewed and restructuring flagged months before it fell into administration

Department store group kept buying new products and fell months behind in payments to some brands despite discussions with administrators Get our breaking news email, free app or daily news podcast David Jones’s administrators have revealed they reviewed its finances six months ago and discussed restructuring the retailer three months before it fell into administration. The new timeline raises…

First reported by The Guardian 41 min ago1 source

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The Guardian10:0441 min ago
David Jones’s finances were reviewed and restructuring flagged months before it fell into administration (opens The Guardian in a new tab)
Department store group kept buying new products and fell months behind in payments to some brands despite discussions with administrators Get our breaking news email, free app or daily news podcast David Jones’s administrators have revealed they reviewed its…

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