Woolworths Holdings buys men’s fashion retailer Politix

South African retail giant Woolworths Holdings will roll out concession outlets in David Jones of men’s fashion chain Politix, in direct competition with Myer, after buying the Melbourne-based ragtrader for about $60 million. Woolworths said on Wednesday its wholly owned subsidiary, Country Road Group, would acquire Politix, adding another Australian … Continue reading Woolworths Holdings buys men’s fashion retailer Politix