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Solomon Lew: The consumer is somewhat out of control

The retail billionaire says consumers aren’t slowing down, but he’s ready to take advantage of any downturn.

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Retail legend and billionaire Solomon Lew has seen his fair share of economic cycles, but, right now, he’s not quite sure what to make of the consumer environment.

“I think the consumer is somewhat out of control,” says the chairman of Premier Investments, home to brands such as Peter Alexander, Smiggle, Just Jeans and Portmans.

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
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    Original URL: https://www.afr.com/chanticleer/solomon-lew-the-consumer-is-somewhat-out-of-control-20230327-p5cvmp