David Jones reviewed finances six months before administration
Briefing by News4U · First published
The Guardian reports that McGrathNicol reviewed David Jones’s finances in April 2026 and discussed restructuring with the retailer’s director and lender Hilco in July, three months before the department store group entered administration last week. The administrators invited creditors to a 17 November meeting and said they expect to access another $3m to $4m of funding. [1]
Sources
- David Jones’s finances were reviewed and restructuring flagged months before it fell into administration
The Guardian · · Full text