Woolworths SA CEO speaks out

Woolworths South Africa CEO, Ian Moir, has revealed the logic behind its acquisition of troubled department store chain, David Jones, back in November 2014. Speaking at the World Department Store Forum in Rome, Italy, last week, Moir said Woolworths had two key strategic reasons for the purchase. The first, he said, was it was a defensive move. With the influx of global fast fashion brands to Australia and the southern hemisphere in general, Woolworths was keen to create its own scale to become

This content is for IR Pro subscribers only.

Subscribe now to unlock an all-access pass.

IR Pro - monthly

$5 +GST for the first 30 days. (Auto renews at $28+GST per month.)
  • Unlimited news access
  • Exclusive members only masterclasses (live and on-demand)
  • Weekly careers advice
  • Weekly and quarterly digital magazines delivered to your inbox
Subscribe now
EOFY Offer

IR Pro - annual

$199 +GST per year. (Auto renews at $312+GST (full rate) annually.)
  • Unlimited news access
  • Exclusive members only masterclasses (live and on-demand)
  • Weekly careers advice
  • Weekly and quarterly digital magazines delivered to your inbox
Subscribe now