The stoush over Solomon Lew’s Premier Investments gets dirty
For decades, the billionaire has been the king of retailing in Australia. But a carefully leaked document shows not all is well in his sprawling empire.
Myer executive chairwoman Olivia Wirth may be new to Australia’s retail sector, but she is no stranger to a volatile corporate dynamic, having made her name as a Qantas executive.
This is just as well. The past 24 hours have been out of the ordinary for Wirth and Myer’s major shareholder, billionaire businessman Solomon Lew’s Premier Investments.
Simon EvansSenior reporterSimon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com
