Myer
Solly Lew delays Smiggle, Peter Alexander spin-off amid Myer talks
The billionaire rag-trader has his hands full amid a potential acquisition by Myer of five of its brands and a stoush with Smiggle’s ex-boss.
- by Jessica Yun
Latest
Updated
Fashion retail
Myer CEO Olivia Wirth doubles down on profit-sinking exclusive fashion labels
Myer shares have tumbled after the company unveiled its full-year results, but new CEO Olivia Wirth has vowed to invest in its languishing sass & bide, Marcs and David Lawrence brands.
- by Jessica Yun
Sponsored
Bulls N' Bears
Macarthur iron mine attracts the smart money
A deal that could see Macarthur Minerals get up to $70 million in royalties after the sale of its WA hematite iron asset has wooed smart money to its register.
- by James Pearson
Myer in talks to merge with Just Jeans and other Solomon Lew brands
The merger would give veteran rag trader Solomon Lew his long-awaited seat on Myer’s board.
- by Jessica Yun
Opinion
Solomon Lew
How Lew is lining himself up to be the ultimate winner
He has taken his sweet time, but Solomon Lew is putting the pieces in place to cash out a decent part of the retail empire he has spent decades building.
- by Elizabeth Knight
David Jones downsizes: Why department stores keep slashing floor space
Australia’s department store chains have been reducing floor space since 2017, but experts believe they’re not done yet as consumer habits evolve.
- by Jessica Yun
Opinion
Executive shake-up
Prize catch for Lovisa as retail billionaires’ poaching season hots up
Poaching John Cheston from kids stationery group Smiggle feels like a declaration of retail war.
- by Elizabeth Knight
Opinion
Executive shake-up
Tabcorp scandal is not the only bizarre corporate blooper from last week
To be pinged for making sexual jokes about a person who is in a powerful position over the company’s regulatory fortunes, that’s just next level.
- by Elizabeth Knight
Updated
Executive shake-up
Qantas’ former loyalty chief Olivia Wirth appointed new Myer boss
After being pipped for the top job at Qantas by Vanessa Hudson, Olivia Wirth has landed at Myer to become its new chief executive and executive chair.
- by Jessica Yun
Myer and Nick Scali flag lower profits, but investors are cheering
Industry analysts had low expectations of Australian retailers for the 2024 financial year, but both companies’ trading updates may give reason to revise the pessimism.
- by Jessica Yun
Opinion
Mark McInnes
Retail rainmaker Mark McInnes seals the deal with a different self-made billionaire
It is probably no accident that news about McInnes joining billionaire Brett Blundy’s retail empire coincided with a 3.5 per cent fall in Myer’s share price where his former boss, Solomon Lew, is a key shareholder.
- by Elizabeth Knight
Original URL: https://www.brisbanetimes.com.au/topic/myr-121