Retail

Davis-Rice ends up with 75% of Bendon

Paul McBeth
Tue, 04 May 2021

Bendon's biggest owner, Justin Davis-Rice (left) (Credit: Getty Images).
Paul McBeth
Tue, 04 May 2021
Bendon is largely in Australian hands with former chief executive Justin Davis-Rice picking up 75% of the lingerie company in the $1 management buyout with current chief Anna Johnson.The breakdown of their ownership appeared in Companies Office filings, with Davis-Rice’s JADR Holdings emerging as the senior partner with three quarters of Bendon and Johnson’s Matana Intimates Holdings Trustee entity holding the 25% balance. She joined the Bendon board on April 30, the day they completed their purchase of the ailing company from Nasda...

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