Norman family's James Pascoe buys beat-up Warehouse stock, lifts stake to 5.15%

Tue, 24 Jun 2014

By Jonathan Underhill June 24 (BusinessDesk) - James Pascoe, the retail group owned by David and Anne Norman, has taken advantage of a slump in Warehouse Group shares to nudge its holding up to 5.15 percent. Prouds the Jewellers, Angus & Coote and Goldmark jewellery chains in Australia. The couple ranked 18th equal on the NBR Rich List last year, with a fortune estimated $500 million, the same value put on the wealth of Briscoe Group managing director and controlling shareholder Rod Duke. According to their substantial security...

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