Nov 24 (Reuters) - Australia's biggest department store chain, Myer Holdings Ltd (MYR), said on Friday challenging conditions would continue into the second quarter, as it prepared for a crucial vote on the shape of its new board at its annual general meeting.
Chairman Paul McClintock asked shareholders to respect the outcome of the vote, held amid a revolt from major shareholder Solomon Lew.
The billionaire investor has demanded a greater say on the board of the 117-year-old retailer since it posted its worst profit as a listed company in September.