David Jones Administration: Review and Restructuring Efforts Preceded Collapse

• David Jones's finances were reviewed six months before it fell into administration.
• Discussions about restructuring the retailer occurred three months prior to its administration.
• The department store continued to buy new products and fell months behind in payments to some brands.
• Administrators are seeking additional time to pursue a sale or recapitalization of David Jones.
• The fate of David Jones may remain uncertain for several months.