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Myer’s rescue of Marcs, David Lawrence unlikely to go without job cuts – The Sydney Morning Herald

Myer has rescued troubled fashion brands David Lawrence and Marcs, buying them out of administration in a deal that looks likely to cost jobs at both high-profile fashion labels.

Staff from both brands were informed that the department store owner had bought the operations from parent company M Webster Holdings on Thursday morning.



There’s no housing bubble … in some places



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Read the full article at: http://www.smh.com.au/business/retail/myer-rescues-david-lawrence-and-marcs-20170413-gvk5js.html

Category: LiquidationBy Insolvency GuardianApril 12, 2017

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