The arbiter of Australian taste abandoned prestige to chase profits through expansion. Now 6,000 staff across 38 stores fear job cuts as ‘difficult decisions’ loomGet our breaking news email, free app or daily news podcastI cut past the glow of the Louis Vuitton displays and sidestep Armani, Hermès and Prada, all while being hit by the mingling fragrances on the ground level at David Jones.A series of escalators at the heart of its flagship Sydney store carries me to the menswear department, where I’m greeted by Ralph Lauren and Tommy Hilfiger. Continue reading...

Source: The Guardian Australia