澳大利亚百货公司David Jones正经历严重的供应商付款困难。在Accent Group（Platypus Shoes和Athlete's Foot的所有者）威胁行使默认权后，David Jones向其支付了款项，但改为现金交付方式[1]。与此同时，公司向大多数其他供应商提议延长付款周期至20周，最早付款金额较小但逐月递增，大多数供应商预计在11月或12月才能收到款项[1]。小型供应商在这一重组中处于较弱的谈判地位[1]。
David Jones的困境已引发连锁反应。Effie Kats、Acler、Significant Other和Aston Studios等多家设计师品牌已转向竞争对手Myer进行独家供应[1]，而R.M. Williams早在9个月前已终止与David Jones的合作关系[1]。尽管公司在4月宣布业务扭亏为盈（截至3月的九个月期间），但近期消费者情绪因利率上升、油价上涨和房价下跌而下滑[1]。6月，David Jones更换了首席执行官，由Erica Berchtold取代Scott Fyfe，并获得Hilco Capital的新融资[1]。
Australian department store David Jones has entered into a contentious payment arrangement with suppliers following a financial crisis that has left most vendors waiting significantly longer for funds. After Accent Group, the owner of Platypus Shoes and Athlete's Foot, threatened to exercise default rights against the retailer, David Jones processed payment to the company but switched to a cash delivery arrangement.[1] Meanwhile, the company has proposed extending payment cycles to 20 weeks for most other suppliers, with smaller vendors having limited negotiating leverage.[1]
The extended payment plan introduced by David Jones promises the smallest initial payments with monthly increases, with most suppliers not expecting to receive funds until November or December.[1] The financial strain has prompted several designer brands to abandon the retailer entirely—Effie Kats, Acler, Significant Other, and Aston Studios have all shifted to exclusive supply arrangements with competitor Myer, while R.M. Williams terminated its David Jones relationship nine months prior.[1] Despite the company reporting a return to profitability in April for the nine-month period ending in March, consumer sentiment has deteriorated due to rising interest rates, elevated fuel prices, and declining property values.[1] The retailer replaced CEO Scott Fyfe with Erica Berchtold in June and secured fresh financing from Hilco Capital.[1] Myer has warned of deteriorating retail conditions since May, with expectations of significant discounting ahead of the Christmas period.[1]