WHL: WOOLWORTHS HOLDINGS LIMITED - WHL Australasian Regional Structure
WHL Australasian Regional Structure
Woolworths Holdings Limited
('WHL' or 'the company')
(Incorporated in the Republic of South Africa)
(Registration number 1929/001986/06)
Share code: WHL
ISIN: ZAE000063863
WHL Australasian Regional Structure
WHL is pleased to announce a new regional structure for its Australasian businesses, David Jones
and Country Road Group.
WHL previously announced its intent to relocate both the existing David Jones head office in Sydney
and the Country Road Group head office in Melbourne to a single campus based in Richmond,
Melbourne. Consistent with the desire to create a single entity benefitting from economies of scale
and an aligned culture, the company is now creating a single regional corporate structure. The
region will be headed by a Chief Executive Officer with a team of regional executives covering the
core operational functions plus the Chief Executive Officer of Country Road Group, and Managing
Directors of David Jones Food and David Jones Clothing and General Merchandise.
Ian Moir, WHL Group Chief Executive Officer said, 'The creation of a single regional structure is the
logical next step for our business. It enables the benefits and synergies of the Australian acquisitions
to be fully realised and allows the creation of a single team and culture focussed on our Australian
customers and driving improved shareholder returns for the WHL Group.'
John Dixon, currently Chief Executive Officer of David Jones, will assume the role of Chief Executive
Officer, WHL Australasia, encompassing Country Road Group and David Jones and with responsibility
for the WHL´s Australasian operations with effect from 1st September 2017.
The new regional structure will have no impact on the combined headcount of the David Jones and
Country Road Group businesses with approximately 1 300 employees located at the new
Australasian Head Office campus following completion. Over time, WHL expects its head office team
will increase to approximately 1 500 employees.
24 March 2017
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 24/03/2017 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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2017-03-24 07:05:00 Source: JSE News Service (SENS)
Woolworths Holdings Ltd. published this content on 24 March 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 24 March 2017 05:14:10 UTC.
Original documenthttp://woolies.hosted.inet.co.za/news/story/ff01cd2a-265c-4019-98c9-807fe01086c7
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WoolWorths Holdings Limited is one of the South African leaders in retailing. Net sales break down by activity as follows:
- distribution of clothes and consumer products (49.3%): clothes for men, women and children, shoes, beauty products, accessories and homeware;
- distribution of food products (47.3%);
- other (3.4%): primarily financial services.
At the end of June 2021, the group had a network of 1,279 stores broken down by name into WoolWorths (545), Country Road (689) and David Jones (45).
Net sales break down geographically as follows: South Africa (61.4%), Africa (2.5%), Australia and New Zealand (36.1%).