News Articles for Solomon Lew

Retail giant Myer has returned to full-year profit and the turnaround may ease pressure on its embattled board members.

Premier Investments' attempts to take control of Myer are not in shareholders' best interests unless they receive a premium.

Retail magnate Solomon Lew has called for the board of the troubled Myer chain to resign after his company increased its ownership.

Premier Investments has raised its full-year retail earnings forecast by about 90 per cent after booming sales this year.

Retail magnate Solomon Lew's Premier Investments will pay back $15.6 million in JobKeeper wage subsidies, in a surprising shift on the taxpayer funds.

The owner of chains such as Peter Alexander and Just Jeans has announced a new retail chief executive after incumbent Mark McInnes decided to step down.

Premier Investments, owner of retail chains including Peter Alexander and Just Jeans, has defended not repaying $15.6 million in JobKeeper assistance after reporting an 88 per cent profit increase.

The federal government's JobKeeper wage subsidy scheme will come under the auditor-general's microscope.

Mark McInnes has stepped down as chief executive of Premier Investments, the company behind retail franchises Just Jeans, Peter Alexander and Smiggle.

Solomon Lew is set to be re-elected chairman of Premier Investments, which recorded a 70 per cent surge in online sales in recent weeks.