30 March 2023
The Weekly

Anchorage Capital Partners has formally settled on its acquisition of department store business David Jones and promised to pursue ongoing growth and innovation with the chain.  Anchorage has confirmed that David Jones CEO Scott Fyfe and his management team will continue in their roles and with the new owner’s backing seek to accelerate the transformation program which is already bearing dividends.  Anchorage Capital Partners, has shared its plans to build its online presence into a billion-dollar behemoth. They plan to create a near-$1bn online business by doubling web turnover.