Belfast Telegraph

John Lewis plans six Australian shop-in-shop outlets with retailer Myer

John Lewis is set to go Down Under, launching plans to open six concessions in Australia.

The department store chain has teamed up with Australian retailer Myer, and will open its first shop-in-shop before Christmas in Sydney.

The expansion, which will also see John Lewis appear in Melbourne and Perth, brings the total number of global concessions to 30.

Katie Jordan, head of international development at John Lewis, said: "There is a real synergy between Myer's customer base and ours, and we believe they are the perfect partner for our first Australian shop-in-shops."

The deal will also allow the British firm to deliver to Hong Kong, South Korea, the United Arab Emirates, Qatar, Switzerland, the Philippines and Malaysia.

According to John Lewis, the most popular items bought by international customers come from its homewares division, with own brand bed linen proving particularly popular.

Earlier this month boss Andy Street warned that the plunge in sterling following Britain's decision to quit the European Union could pose a problem for the department store chain.

He said: "The big issue is the decline in exchange rates. We hedged this year but the issue is next year, it will have an effect. If inflation gets into value chain, it will feed through."

Since the referendum result, sterling has collapsed against both the dollar and the euro.