ASX Announcements
Notification regarding unquoted securities - MYR
Appendix 3G (Notification of Issue, Conversion or Payment up of Unquoted Equity Securities)
- Dec 23, 2024
- 7 pages
Market Sensitive
Apparel Brands Combination - Extraordinary General Meeting
Notice of Extraordinary General Meeting, Proxy Form, Dividend - Other
- Dec 17, 2024
- 278 pages
This Month
- Opinion
- Governance
The good, the bad and the ugly of corporate Australia in 2024
Big deals, big names, big disasters. From AirTrunk to Woolies to our own Nine Entertainment, here are the biggest moments of the year.
- James Thomson
- Updated
- Retail
Myer’s mega-expansion guards against Temu and Shein threat: expert
The independent assessors of the retailer’s proposed purchase of five Premier Investments chains say scale is needed to compete against cheap global giants.
- Updated
- Simon Evans
Stuck for gift ideas? Here are 56 popular items this Christmas
Australian shoppers are spending with surprising gusto on gadgets, appliances, fashionable drink bottles, cosmetics gift sets and cult skincare products.
- Simon Evans and Carrie LaFrenz
Myer says Black Friday sales were ‘encouraging’ despite tough trading
The retailer’s executive chairwoman Olivia Wirth used her first annual meeting in the job to sell plans for a merger with Premier Investments’ fashion brands.
- Carrie LaFrenz
November
Black Friday temptation stands between shoppers and their savings
Retailers are looking forward to a bumper sales event this weekend, as canny consumers hold off spending in anticipation of bagging some bargains.
- Joanne Tran and Carrie LaFrenz
- Exclusive
- Retail
Premier claims sacked Smiggle boss ‘interfered’ in HR investigation
The disclosure was issued to proxy advisers, and is the first time that Solomon Lew’s retail empire has made a specific allegation against its former executive.
- Kylar Loussikian
How Mecca outfoxed Sephora in the Australian beauty glow-up
For 10 years, the retail rivals have faced off. One is the clear winner, but the other is still opening stores and has the weight of LVMH behind it.
- Lauren Sams and Carrie LaFrenz
October
- Updated
- Mergers & acquisitions
Myer buys big brands from Solomon Lew’s Premier Investments
The department store will end up with control of Just Jeans, Dotti, Jay Jays and Portmans in a deal that gives the billionaire a massive stake in a larger company.
- Updated
- Carrie LaFrenz
Myer buys Lew’s brands; Trump in damage control; Vanguard eyes super
Read everything that’s happened in the news so far today.
- Opinion
- Chanticleer
This is the number that drove Myer to cut a deal with Solomon Lew
For years, the retailer has been slowly fading away under a small-target strategy. Olivia Wirth and Lew want to put growth back on the agenda.
- James Thomson
Myer board meets to ink $1b merger with Lew’s Premier apparel business
The deal – technically an acquisition by the department store giant – should hand the billionaire retailer a 30 per cent stake in Myer.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Updated
- Executive shake-up
Olivia Wirth poaches from Qantas in Myer executive revamp
The department store’s executive chairwoman tells staff the changes will allow it to grow after years of declining revenue and profit.
- Updated
- Carrie LaFrenz
Wong backs US threat; Mortgage wars return; $1b founder growth tips
Read everything that’s happened in the news so far today.
Solomon Lew reveals why he is still obsessed with Myer
The 79-year-old retail billionaire has fought a lot of corporate battles over the years, but he remains fixated on the department store chain.
- Patrick Durkin
Two in, two out: Anchorage-backed David Jones reshuffles debt stack
Sources said the $190 million loan has been structured as an asset-backed lending facility that would see Soul Patts and Hilco exit David Jones’ debt stack.
- Sarah Thompson, Kanika Sood and Emma Rapaport
September
- Opinion
- Chanticleer
Lew’s ‘toughest year in 61 years’ a chance to really shake things up
Few chairmen are pulling strategic levers like Australia’s shrewdest retailer. Where is it all headed?
- Updated
- Anthony Macdonald
Myer investors grow impatient over new strategy as growth stalls
The mid-market department store was expected to outline its growth plans next month. That has been delayed as it considers buying up well-known fashion brands.
- Carrie LaFrenz
PwC grilled; ASX hits yet another record; Myer’s rescue plan
Read everything that’s happened in the news so far today.
- Opinion
- Chanticleer
Wirth’s rescue plan for Myer is missing one big thing: growth
For much of the last decade, Myer’s strategy has been to accept its diminished place in the market and shrink itself in response. Olivia Wirth’s plan is very different.
- James Thomson
Can Olivia Wirth right the three-decade drift at Myer?
The former Qantas executive has inherited the start of a turnaround at retail’s grand dame. But there is plenty more to do, starting with finding profit growth.
- Jemima Whyte