This Month
Peter Alexander worth $999m or $1.6b, depending on who you ask
The Premier Investments-owned sleepwear brand plans to sell online in 35 countries from next month and open its first store in the United Kingdom next year.
- Simon Evans
September
- Opinion
- Chanticleer
Buffett-like Lew nails Australia’s inflation challenge
Solomon Lew says the government needs to help battered consumers. But he’s seeing past a tougher environment to chase growth with Peter Alexander and Smiggle.
- James Thomson
Solomon Lew steps up Smiggle offshore expansion
Premier Investments’ strategic review of retail brands including Smiggle, Peter Alexander and Just Jeans will be finished by mid-2024.
- Simon Evans
Not much upside in splitting up Premier retailing empire: Barrenjoey
The analysis included a comparison to global attempts to split similar businesses. But it is more than $1 billion less than other brokers have suggested to clients.
- Carrie LaFrenz
- Updated
- Earnings season
Myer boss says it would be ‘very silly’ to recast strategy
John King’s comments come as Solomon Lew’s Premier Investments creeps up the company’s shareholder register.
- Updated
- Carrie LaFrenz
- Opinion
- Retail
Solomon Lew avoids Myer showdown but has plenty of balls in the air
The billionaire retailer has never had so many balls in the air, including a new CEO for Myer and a potential break-up of his listed retail empire.
- Sue Mitchell
- Opinion
- Chanticleer
Geminder joins deal-making billionaires as they charge into battle
Rich Lister Raphael Geminder’s move to take Pact Group private is pitched as a way to end minority shareholders’ pain.
- Anthony Macdonald
Fashion empire: Lew has Myer on the mind in Premier shake-up
Billionaire business Solomon Lew has been pursuing Myer for years. Now could be the moment he makes his move.
- Sarah Thompson, Kanika Sood and Emma Rapaport
August
- Exclusive
- Retail
David Jones CEO: luxury spending remains but second-half sales slow
The former owners of the upmarket chain made just $30 million-odd profit on the sale to Anchorage Capital Partners.
- Carrie LaFrenz
Solly Lew buys another 3pc of Myer; Blue Ocean on ticket
Street Talk understands Premier Investments was the buyer behind a line of 24.6 million shares in the retail chain.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Analysis
- Rich List
From Dr Zhivago coats to a $3.5b empire: How Solomon Lew did it
The retail legend has long combined astute deal-making with a natural affinity for what the consumer wants.
- Michael Bailey
- Updated
- Executive shake-up
Lew’s Premier eyes Smiggle, Peter Alexander spin-off, CEO exits
Richard Murray abruptly stepped down from Solomon Lew’s empire, which is considering an operational overhaul carving out its retail brands.
- Updated
- Carrie LaFrenz
- Opinion
- Chanticleer
Inside Solomon Lew’s dramatic shake-up
The shock departure of Premier Investments boss Richard Murray has set off a chain reaction inside the retail empire.
- James Thomson
June
Solly Lew’s new private jet shelters in its hangar
We are only aware of four Australians with a Global Express 7500 at their disposal.
- Myriam Robin
Management shake-ups at Premier, Country Road and David Jones
The changes come as consumer spending slows and the outlook for the retail sector turns negative amid rising interest rates.
- Carrie LaFrenz
Fear factor grips retailers as spending slows
A sharp slide in sales is forcing retailers to accelerate discounting and promotions amid warnings that the downturn in consumer spending could be deeper than during the early 1990s recession.
- Updated
- Simon Evans, Carrie LaFrenz and James Eyers
Myer CEO John King to step down in 2024
Mr King will leave in the second half of next year and move back to the United States, where his family lives.
- Carrie LaFrenz
April
Bizoids bust out the tartan at court of Fox
The trucking tycoon turned 86 on Wednesday, and marked the day as extravagantly as any self-respecting billionaire could be expected to.
- Myriam Robin
Lindsay Fox’s 86th birthday bash comes with optional kilts
The key question for those on the guest list is how to fit a dress code that specifies ‘kilt or casual’.
- Michael Bleby
10 of the best opinion reads from this week
From Solomon Lew wondering what ‘out of control’ shoppers will do next, to all things property, to Labor’s election win in NSW – here are 10 incisive pieces from the week gone by.
