History And Vision Of Macquarie Group

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History and Vision “On 10 December 1969, Hill Samuel founded Macquarie Group with three staff started with provide counselling and investment banking services. From beginning, Macquarie has differ-entiated themselves by concentrating on new prospects, in product and geography, increas-ingly building knowledge in these disciplines and increasing into most of specific ar-eas”.(Anon, 2015) Now Macquarie Group is operating global business across 28 countries and with professional knowledge in resources, agriculture and merchandises, energy and organization, with a par-ticular knowledge of the Asia-Pacific region. Macquarie group’s purpose of being is to realize opportunity for the benefit of the clients, shareholders and for the people who…show more content…
David Jones isn’t just Australia’s oldest department store, but also the oldest department store in the world with the history of 177 years. He made a brilliant choice of founding store’s location on the main road of the new town, opposite the General Post Office. David Jones received support from not only the Sydney gentry, but also the country settlers. Everyone gathered to the store to buy buckskins, ginghams, waistcoat fabrics, silks and cotton tick”.(Anon,2015) David Jones’s retirement brought difficulties in to the business and it made him come back to business with another partner and his son Edward Lloyd Jones managed to recreate the store 's success. Edward Lloyd Jones had travelled widely overseas, and brought back to Sydney new ideas in retailing, including the European concept of a department store. Source: AAP 27 AUG 2015 - 4:14 PM UPDATED 27 AUG 2015 - 9:12 PM HTTP://WWW.SBS.COM.AU/NEWS/ARTICLE/2015/08/27/DAVID-JONES-NEW-OWNER-MAKES-BIG-CHANGES Sales at David Jones have soared under its new South African owner, which says it wants to turn the retailer into one of the world 's best. South Africa 's Woolworths bought David Jones for $2.1 billion in 2014, and after taking con-trol in August David Jones made great progress in its sales presentation and delivered an op-erating profit of $161 million. David Jones ' last annual profit reported as a publicly listed company was $95 million, in 2012 and 2013. Sales grew 10.7 per cent in the
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