Street Talk

Lew jnr bolsters retail group with Salt&Pepper deal; plots expansion

Sarah Thompson, Kanika Sood and Emma Rapaport

Apr 10, 2025 – 6.05pm

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Steven Lew, the son of billionaire rag trader Solly Lew, is making his own go at empire building.

Street Talk understands Lew’s specialty homewares and kitchenwares retailer Global Retail Brands has struck a deal to acquire Melbourne-headquartered homewares retailer Salt&Pepper.

Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.

Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.