Solomon Lew plans to spin off Peter Alexander and Smiggle next year
Inside Retail
MARCH 25, 2024
Retail billionaire Solomon Lew has announced plans to spin off two major brands Peter Alexander and Smiggle from his public company Premier Investments next year, as part of a global expansion strategy. Premier Investments posted net profit after tax of $177.2 million for the first half of FY24, while EBIT reached $209.8
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