Myer Buy 65 per Cent Share Of Sass & Bide

Sass & Bide co-founders Sarah-Jane Clarke and Heidi Middleton stand with models during a photo call announcing their new strategic partnership with Myer Holdings Ltd at Myer Sydney City on February 7, 2011 in Sydney, Australia. Myer today announced they have acquired a 65 per cent share in the iconic Australian label for AUD42.45 million, including exclusive department store rights, resulting in competitor David Jones no longer representing the brand.