David Jones Administration: Solomon Lew and Brett Blundy among 30 parties eyeing retailer

Detailed summary

Dozens of potential buyers are sniffing around David Jones in the hope of picking up the remnants of the failed retailer on the cheap.

Dozens of potential buyers are sniffing around David Jones in the hope of picking up the remnants of the failed retailer on the cheap. The list of 30 interested parties reportedly include retail billionaires Solomon Lew and Brett Blundy, as well as New Zealand company The James Pascoe Group and a consortium led by former Myer chair Bill Wavish. The level of interest is not unexpected or unusual, as company failures often flush out rivals and so-called tyre-kickers interested in getting a look into the financial details of the failed firm.

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