DJs high-fashion focus at heart of profit plan

 In Australia, NewZealand

David Jones will increase its private-label offerings over the coming year as it chases higher profit margins rather than top-line sales growth.
Improved gross margins were one of the highlights of its first-half results issued on Wednesday. But the company reported a double-digit fall in net profit as the cost of its business improvement initiatives collided with flat sales for the six months to January 26.  Sydney Morning Herald – Read more…

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