June 2023
Management shake-ups at Premier, Country Road and David Jones
The changes come as consumer spending slows and the outlook for the retail sector turns negative amid rising interest rates.
Fear factor grips retailers as spending slows
A sharp slide in sales is forcing retailers to accelerate discounting and promotions amid warnings that the downturn in consumer spending could be deeper than during the early 1990s recession.
May 2020
Premier digs in on rent as UK restrictions bite
The 139 Smiggle stores in Britain and Ireland remain shut because of government restrictions, and Premier is also applying its rent ban.