The Latest Breaking News from Solomon Lew

Strongest sales ever for designer sleepwear chain

Pyjamas seller Peter Alexander, owned by Premier Investments, has posted record annual sales, but its sister company Smiggle needs more attention.

AAP · Sep 24

Smiggle sets its sights and range on primary target

Smiggle will cut product ranges aimed at children younger than six and re-establish its identity as the back-to-school brand of choice for kids aged six to 12.

AAP · Mar 19

Myer hails Black Friday boom as top label nears return

Department store Myer achieved its biggest biggest Black Friday sale performance on record as it prepares to relaunch a fast fashion brand in Australia.

AAP · Dec 10, 2025

Aust shares rebound to finish week up 0.5 per cent

The local share market has recouped most of its morning losses to finish down 0.2 per cent, ending the week in positive territory.

AAP · Dec 1, 2023

Smiggle, Peter Alexander owner posts record FY sales

Premier Investments grew sales 9.7 per cent in 2022/23 despite higher cost-of-living pressures.

AAP · Sep 28, 2023

David Jones $100m sale to Anchorage Capital Partners reflects declining value of department stores, analysts say

The South African owners of 184-year-old company David Jones are believed to have sold the department store chain for about $100 million. In 2014, it sold for $2.1 billion.

ABC News · Dec 20, 2022

The city's shopping centre — how CBD retail is trying to power out of COVID-19

CBD stores rely on foot traffic from workers and tourists. After two long years, how different will city centres look in the future?

ABC News · Apr 18, 2022