Sydney, 13 August 2013: A Clayton Utz team has advised Dick Smith Electronics Pty Ltd on a Retail Brand Management Agreement (RBMA) that will see it operate from 1 October this year as "David Jones Electronics Powered by Dick Smith". The agreement was announced to the market yesterday.
Clayton Utz Corporate / M&A partner Jonathan Algar and consultant Nick Brown advised Dick Smith Electronics. David Jones was advised by its in-house legal team.
The RBMA is exclusive to David Jones and is for an initial three-year term. It covers Dick Smith Electronics products including televisions, computers, tablets, home office, audiovisual and other digital products.