David Jones Owner Denies Hilco Called In Insolvency Advisers As Pressure Mounts – channelnews

The ultimate owner of David Jones has categorically denied claims that lender Hilco Capital has appointed insolvency and restructuring firm McGrathNicol to advise on its exposure to the department store, as the retailer pushes back against reports questioning its financial position. The Riley Street Group, described as the ultimate owner of David Jones and backed…