Myer to make way for new overseas collections with unprecedented sale . The company has been in the news recently as it was revealed that its parent company, Westfield Group, had paid $US1 billion ($A1.06 billion) for a majority stake in Australian department store The new strategy will compete with online retailers . The sale will knock 65 to 75 per cent off handbags , shoes and accessories .
Myer to make way for new overseas collections with unprecedented sale . Balmain , DKNY , Pucci and Alexander McQueen all to be slashed in price . The new strategy will compete with online retailers . The sale will knock 65 to 75 per cent off handbags , shoes and accessories .