David Jones: How It Got Here, and Why Voluntary Administration Could Save It

Damien Hodgkinson of Olvera Advisors shares how the voluntary administration and receivership of David Jones present an opportunity to rescue the struggling 188-year-old retailer through a deed of company arrangement or going-concern sale, proposing a 90-day restructuring that would close underperforming stores, compromise legacy debts and reposition the business as a smaller, service-focused premium retailer, while warning that the receivership could instead result in a break-up of the business.