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

Ex-contractors reveal Harvey Norman business model pressures
Retail Exclusive

Ex-contractors reveal Harvey Norman business model pressures

The promise of big money can require extreme flexibility from ‘proprietors’.

Gregor Thompson 05 Feb 2025
SPQR liquidators looking to sell trademark
Retail

SPQR liquidators looking to sell trademark

The well-known Ponsonby restaurant failed last July.

Oliver Lewis 04 Feb 2025
Woolworths names new NZ managing director
Retail

Woolworths names new NZ managing director

Sally Copland is crossing the Ditch to take over as managing director of Woolworths New Zealand. Copland has worked for the Australian-based grocery group for more than 18 years and has formerly held senior positions in NZ, including as interim managing director.In the announceme...

Staff reporters 04 Feb 2025
Briscoe FY sales ‘near flat’
Retail

Briscoe FY sales ‘near flat’

Rod Duke is anticipating a tough first half.

Gregor Thompson 04 Feb 2025