Saturday 18 May 2013

DJ's Lay Down The Law To Suppliers

Department store, David Jones, has given suppliers 12 months to make their products globally competitive.

DJ's say they have been very successful in reducing most prices to at least meet global standards but that suppliers who did not meet the new standards would find themselves on the outer.

The department store has also announced successful signings of some suppliers from their arch rivals Myers (Givenchy, Pucci), and new lease negotiations which will see lease periods reduced from 25 years to 15 years.