ASX Announcements
Application for quotation of securities - PMV
Appendix 2A (Application for Quotation of Securities)
- Jan 23, 2025
- 7 pages
January
Jun Bei Liu ready to open doors of new start-up
The star stockpicker and her co-founder, Jason Todd, have struck out on their own with new investment firm TenCap.
- Joanne Tran
- Updated
- Mergers & acquisitions
Myer plans loyalty card relaunch to capture Just Jeans, Dotti shoppers
The retailer will have 783 outlets and annual sales of $4 billion after shareholders approved plans to buy a portfolio of brands from Premier Investments.
- Updated
- Carrie LaFrenz
- Opinion
- Chanticleer
Six decades on, Solomon Lew sets Myer a $5b goal
The retail veteran is banking on big things from a department store icon that has been part of his life for 61 years.
- James Thomson
- Opinion
- Chanticleer
Myer’s future written years ago, not in a Kroll report
Forget about independent expert Kroll’s thoughts on Australia’s retail market. Myer’s hard work is about to begin.
- Anthony Macdonald
Shrinking Myer still better off with Lew brands, expert says
Despite major downgrades from Premier Investments’ apparel labels and Myer, Kroll said on Wednesday the integrity of the deal holds up.
- Carrie LaFrenz
City Chic shares surge as billionaire-backed retailer fights back
The apparel group confirmed it had a bumper Black Friday and Christmas sales period driven by its stores in Australia and New Zealand.
- Carrie LaFrenz
- Opinion
- Chanticleer
Why Myer’s big deal with Premier is not a get-out-of-jail-free card
Big is one thing, better is another entirely. What is Myer buying in Premier Investments’ apparel brands?
- Anthony Macdonald
Myer, Premier sales hit by softer trading as vote on merger deal nears
A week out from a shareholder vote on the merger of Solomon Lew’s Apparel Brands with Myer, both companies say trading conditions are tough.
- Carrie LaFrenz
December 2024
- 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
CBA, the next 10-bagger, founder woes: The best of Monday Fundie 2024
The fund manager profiles that resonated the most with readers this year were rich in speculative stock tips, but it’s the deep insights that have made this column a hit.
- Jonathan Shapiro
November 2024
- 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
Sacked Smiggle executive John Cheston faces loss of $4m in shares
The board of Solomon Lew’s Premier Investments has unanimously recommended shareholders strip him of stock handed over as part of executive incentives.
- Kylar Loussikian and Carrie LaFrenz
October 2024
- 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
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
September 2024
- 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
Premier Investments delays Smiggle spin-off
Almost $500 million in market value vanished from Solomon Lew’s retail group on its soft trading update on Wednesday.
- Simon Evans