• STUDIO W: New to David Jones.
    STUDIO W: New to David Jones.
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David Jones is giving its new owners bang for buck - trading ahead of expectations.

South African parent company Woolworths Holdings has reported that David Jones sales increased by 11.2% for the half year to December.

Sales in comparable stores jumped 9.7% while adjusted profit after tax was $60 million.

In a market update, Woolworths said the results are ahead of both the department store and specialty clothing sector.

Sister company Country Road also recorded 13.4% Australian sales growth.

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