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Analysis: The David Jones deal

Ian Moir’s punt five years ago on David Jones eclipsing a sagging Myer has proved costly for the publicly listed South African retailer Woolworths. The talented Moir had reinvigorated Country Road, which was majority owned by Woolworths, which has no relationship to the Australian grocery chain of the same name. With runs on the board, Moir returned to South Africa in 2010 to an operational executive position at Woolworths before becoming CEO in November 2011. In 2014, the Woolworths board of