David Jones News
14.11 / 08:19
awards
Department
recommendations
Local private equity talent scores top gongs at AVCJ awards
Local buyout firms Anchorage Capital Partners and Allegro Funds were recognised for their dealmaking efforts at the Asian Private Equity & Venture Capital Awards 2023 awards ceremony in Hong Kong on Monday night.
05.11 / 10:51
Target
Booking
Progressive
Southern
love
reports
Department
500
Anchorage Capital Partners locks in $500 million-plus for Fund IV
Anchorage Capital Partners’ busy dealmakers have stocked up on more than $500 million for their fourth buyout fund, while they chase ASX-listed radio player Southern Cross Media in a tie-up with ARN Media.
23.10 / 08:43
UPS
Target
BLOCK
Racing
Nordstrom
Department
Handbags at dawn: FTI puts Olga Berg on the block
Olga Berg is off to the races. Street Talk understands the handbag and headpiece designer has adviser FTI Consulting courting potential strategic buyers for the 30-year-plus brand.
06.09 / 20:13
30.08 / 14:19
COST
UPS
CEO
love
country
David Jones CEO: luxury spending remains but second-half sales slow
David Jones chief executive Scott Fyfe says trading at the upmarket department store has remained in positive territory and shoppers are still investing in luxury brands, although sales in the past few months have slowed as pressures mount on household budgets.
30.08 / 05:49
Manufacturing
Nobody Denim axes 40 staff, raising questions about its manufacturing future
Melbourne-headquartered fashion label Nobody Denim – founded by well-known rag trader John Condilis – has axed 40 garment workers at its owned manufacturing facility leaving questions over the viability of the premium denim maker’s production in Australia.
21.08 / 09:41
FIVE
Solomonic
Hallmark
PayDay
track
From Dr Zhivago coats to a $3.5b empire: How Solomon Lew did it
The potential demerger of the retail brands within Solomon Lew’s $3.5 billion Premier Investments empire is in keeping with the billionaire’s long track record of making as much from deal-making as he has from the appeal of his wares themselves.
02.07 / 05:45
Provident
Aware
RBC
RBC snares ex-Morgan Stanley banker to win more consumer, retail deals
RBC Capital Markets has hired Andrea Sartore as a director from Morgan Stanley to cover consumer and retail clients.
21.03 / 08:51
business
Mining
Court
Bankruptcy
Core Scientific to transfer $20M of equipment to settle bankruptcy dispute
A $20 million settlement between Bitcoin (BTC) miner Core Scientific and its energy negotiator Priority Power Management has been approved by the judge in Core Scientific’s bankruptcy proceedings.
23.09 / 08:47
business
Bankruptcy
Bitcoin
BTC Mining
BTC mining firm Compute North files for bankruptcy
Bitcoin (BTC) mining hosting firm Compute North has filed for chapter 11 bankruptcy, amid growing pressure on the firm due to the effects of crypto winter and rising energy costs. The firm’s CEO Dave Perrill has also stepped down but will remain on the board.
01.06 / 11:45
Blockchain
Ethereum
data
Bitcoin
ETH/USD trading pair attracts more traders in the first quarter of 2022: report
The Ether (ETH) to U.S. dollar (USD) pair has pulled the biggest number of traders from January to March 2022, according to trading platform Capital.com.
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