Davis-Rice ends up with 75% of Bendon

Davis-Rice ends up with 75% of Bendon
Bendon's biggest owner, Justin Davis-Rice (left) (Credit: Getty Images).
Paul McBeth
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...

More Retail

The Warehouse’s plan to come back ‘with a vengeance’
Retail

The Warehouse’s plan to come back ‘with a vengeance’

Executives face tough questions at the retailer’s AGM.

Victoria Young 22 Nov 2024
Dairy-free deal: Otis and All Good oat milk merge
Retail

Dairy-free deal: Otis and All Good oat milk merge

The companies have their eyes on Southeast Asia.

Gregor Thompson 21 Nov 2024
iPhones can now accept payments for NZ merchants
Retail

iPhones can now accept payments for NZ merchants

Tap to pay on iPhone launches in NZ with five initial processing providers.

Ben Moore 21 Nov 2024
My Food Bag profitability up, customer numbers dip
Retail

My Food Bag profitability up, customer numbers dip

Company expects market conditions to remain challenging in the second half.

Gregor Thompson 21 Nov 2024