ASX Announcements
Market Sensitive
PMV 1H24 Investor Presentation
Half Yearly Report, Company Presentation
- Mar 26, 2024
- 32 pages
Dividend Record Date, Dividend Pay Date, Dividend Rate
- Mar 26, 2024
- 4 pages
Market Sensitive
Appendix 4D 1H24 Half Year Accounts
Half Yearly Report, Half Year Audit Review, Half Year Directors' Statement, Half Year Accounts, Half Year Directors' Report, Dividend Record Date, Dividend Pay Date, Dividend Rate
- Mar 26, 2024
- 25 pages
March
Banks want to take more risk; Exciting stocks to watch; Do execs deserve mega pay?
This week, James and Anthony reveal why our big bank CEOs want to take more risks, ask whether big executive salaries really incentivise business leaders, and take the pulse of the market with a special guest fund manager.
- Updated
- Earnings season
Solomon Lew advances plan to break up Premier Investments
The billionaire rag trader says the aim is to spin off the children’s stationery brand Smiggle and PJs brand Peter Alexander in 2025.
- Updated
- Carrie LaFrenz
- Opinion
- Chanticleer
Solomon Lew’s $3b bet on global growth
Premier Investments is set to split itself in three, launching the Smiggle and Peter Alexander divisions onto the ASX as separate companies.
- Updated
- James Thomson
- Opinion
- Chanticleer
Olivia Wirth parachutes into Myer with a mission
Wirth faces a steep learning curve as Myer’s new executive chairwoman. But she has three things on her side – including the backing of Solomon Lew.
- Updated
- James Thomson
January
Metcash appoints former JB Hi-Fi CEO to run tools franchise
Richard Murray abruptly left Solomon Lew’s Premier Investments in August and was previously chief executive at JB Hi-Fi. He starts at Total Tools this month.
- Updated
- Kylar Loussikian
November 2023
Lew’s Premier Investments posts record Black Friday sales
The billionaire told Premier’s AGM a review into a possible demerger confirmed “significant” future growth options available to each of its brands.
- Carrie LaFrenz
November 2023
- Opinion
- Retail
Why Black Friday discounts could come back to bite retailers
In a desperate attempt to boost lacklustre sales, retailers have turned what was originally a short, sharp shopping promotion into an extended margin-sapping clearance sale.
- Sue Mitchell
Myer CEO predicts Black Friday to beat Christmas
First-quarter same-store sales fell 0.9 per cent, but the trend in the last seven weeks improved as the retailer heads into its key trading period.
- Carrie LaFrenz
- Opinion
- Retail
Cup Day rate rise casts pall over Black Friday, Christmas spending
Retailers are counting on Black Friday to save Christmas, but the latest rate rise could dent confidence and force retailers to discount more deeply.
- Sue Mitchell
Solomon Lew raises concerns too many Myer executives are quitting
The billionaire retailer is the department store’s largest shareholder and has urged it to provide a market update at its annual meeting on Thursday.
- Carrie LaFrenz
October 2023
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 2023
- 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
- 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
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 2023
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
The Premier split could unlock more than $1b in value
With UBS working on the proposal, a spin-off of the company’s various assets could give Solomon Lew a personal windfall of $500 million.
- 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
