Solomon Lew
News and interviews on Solomon Lew including trends, features, blogs and community conversations from an Australian business perspective.
Solomon Lew’s retail empire to close 50 stores, flags online expansionMonday, 25 July 2011
Premier Investments, the owner of brands including Jacqui E, Just Jeans, Portmans and Jay Jays, says it will close 50 stores in its Just Group retail division and expand its online business to combat "challenging" retail conditions. ...
Retailers to push on with GST-exemption campaign despite Productivity Commission concerns
Friday, 01 April 2011
Retailers have promised to continue to push the Government to drop the GST exemption on goods purchases from overseas valued at less than $1,000, despite a Productivity Commission discussion paper casting doubt on whether abandoning the exemption would change ...
Mark McInnes stages corporate comeback, takes helm of retail division of Solomon Lew’s Premier Investments
Friday, 25 March 2011
Former David Jones boss Mark McInnes has staged a remarkable corporate comeback, joining Solomon Lew's Premier Investments as head of its retail business, just six months after settling a sexual harassment case with a former David Jones staffer. ...
Worries for the wealthy
Monday, 17 January 2011
Like most of us, Australia's wealthiest entrepreneurs would have started 2011 in an optimistic mood. ...
Solomon Lew a winner in David Jones brand reshuffle
Thursday, 13 January 2011
Retail billionaire Solomon Lew has something to smile about today, after a number of brands associated with the retail veteran emerged as the big winner in a major reshuffle of brands at department store David Jones. ...
Do the big retailers even want to succeed online?
Thursday, 06 January 2011
It’s hard to believe that this debate about the GST exemption on overseas web purchases is entering another day. ...
The billionaires' distraction tactics
Monday, 20 December 2010
Let's get this straight. About a year ago retail billionaire Gerry Harvey told SmartCompany that online retail sales were a dead end, prompting a huge number of our readers to write in telling Gerry that his website was so bad, they purchase their electronic ...
Packer expands family home and Crown Casino
Thursday, 25 March 2010
It's a good thing if the super rich move next door. They could well make you a very lucrative offer. James Packer is the latest in a long line of wealthy Australians to build a compound for his family by spending big to buy out his next door neighbors. ...
TPG boss David Teoh storms onto executive rich list with $480 million fortune
Thursday, 25 March 2010
Just 12 months ago, David Teoh, the founder of internet service provider TPG, was the largely obscure boss of a junior telco. ...
How the super rich will make money in 2010
Monday, 18 January 2010
With the Australian economy set to return to something like normal growth in 2010, there’s little doubt that Australia’s richest entrepreneurs will be looking to reclaim some lost ground. ...
A wealth of wisdom
Monday, 04 January 2010
This article first appeared on June 9, 2009. Perhaps it's the difficult economic environment. Perhaps it's the fact they're all getting on a bit. Perhaps it's the release of the various rich lists, which always loosens tongues a bit. ...
Myer predicts “good but not great” Christmas, but economist tip strong sales in 2010
Friday, 04 December 2009
Myer chief executive Bernie Brookes has said it is too early to predict how Christmas sales will perform, with many families shutting their wallets after three consecutive interest rate rises. ...
Solomon Lew warns December rate rise could hit Christmas shoppers hard
Wednesday, 25 November 2009
Gerry Harvey might be tipping record Christmas sales and eBay might be groaning under the weight of online shoppers, but veteran retailer Solomon Lew still has concerns about the strength of Australia's economic recovery. ...
Breville says GUD needs to add cash to takeover offer
Wednesday, 14 October 2009
Electrical appliance maker Breville has advised investors to take no action on a takeover offer from GUD Holdings and has pushed GUD to add a cash component to its all-scrip deal. ...
Property company, retail group join the new wave of floats set to hit the market
Tuesday, 13 October 2009
The recovering economy and the rally in global equity markets is set to tempt a number of companies to float in the next six months, with property group Investa and retail group Ascendia set to hit the stock exchange in big floats. ...
Solomon Lew will have final say on bid for electrical appliance group Breville
Monday, 12 October 2009
Veteran retailer Solomon Lew and his investment company Premier Investments look certain to decide the fate of GUD Holding's $300 million bid for electrical appliances group Breville. ...
Solomon Lew prepares for a shopping spree: Bartholomeusz
Wednesday, 23 September 2009
It was apparent that, in announcing a solid Just Group result that disguised the very sharp and continuing rebound in Just's profitability in the second half, Solomon Lew is now prepared to publicly contemplate his next move. ...
Solomon Lew warns retail conditions uncertain, Optus revenue up: Economy Roundup
Tuesday, 22 September 2009
Premier Investments, which acquired clothing retailer Just Group during the start of the year, has announced a profit rise of 98% to $82.7 million during the 2009 financial year, compared to last year's result of just $41.8 million. ...
Solomon Lew shuts down Peter Alexander stores in the United States
Wednesday, 24 June 2009
Just months after sleepwear king Peter Alexander was feted on television program 60 Minutes for making it in the United States, the owner of the chain, Solomon Lew's Premier Investments, announced it will shut the two remaining US stores. ...
A wealth of wisdom
Tuesday, 09 June 2009
Perhaps it's the difficult economic environment. Perhaps it's the fact they're all getting on a bit. Perhaps it's the release of the various rich lists, which always loosens tongues a bit. Whatever the case, Australia's super rich entrepreneurs seemed to ...
