![Tough trading conditions have been blamed for the write-down of David Jones.](http://web.archive.org./web/20180125023823im_/https://www.fairfaxstatic.com.au/content/dam/images/h/0/o/1/h/j/image.related.wideLandscape.460x259.p4yyuu.png/1516841482001.jpg)
David Jones' value slashed by a third
South African retailer Woolworths Holdings has written down the value of its $2.2 billion investment in David Jones by a third, as the department store's fortunes continue to wane.Â
South African retailer Woolworths Holdings has written down the value of its $2.2 billion investment in David Jones by a third, as the department store's fortunes continue to wane.Â
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