David Jones

David Jones is Australia’s premier omnichannel department store and an iconic Australian brand with a 185-year heritage.

David Jones has a network of 43 stores across Australia and New Zealand (flagship stores in Sydney and Melbourne CBDs) with ~50m in-store visits p.a. and ~5m customers. The business is positioned as a premium and luxury offering with complementary services across fashion and beauty,

David Jones is headquartered in Melbourne, Australia.

Investment Overview

Prior to Anchorage’s acquisition, David Jones was a non-core division of JSE listed Woolworths Holdings Ltd. The business had been impacted by COVID lockdowns and restrictions, though had recently undertaken a major strategic refresh, with renewed focus on flagship stores and digital capability.

With Anchorage’s experience, capital commitment and investment, David Jones will continue to execute its Vision 2025+ strategy, which capitalises on its privileged market position and brand value.

David Jones is led by Chief Executive Officer, Scott Fyfe.

Anchorage is represented on the Board of David Jones by Simon Woodhouse and Phil Cave.