Myer has launched a takeover bid for a group of retail clothing brands including Just Jeans and Jay Jays.

The department store announced today it had approached billionaire Solomon Lew’s Premier Investments to acquire its Apparel Brands portfolio.
On top of Just Jeans and Jay Jays, it also includes Portmans, Jacqui E and Dotti, with 717 stores across Australia and New Zealand that generated $845 million in revenue last financial year, according to 9 NEWS.

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