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Solomon Lew plans to spin off Peter Alexander and Smiggle next year

Inside Retail

However, the Australian Financial Review (AFR) said Lew will ensure that the next generation of management stars inside Premier are given their chance to shine. Premier Investments posted net profit after tax of $177.2 The Lew family will retain major shareholdings in Smiggle and Peter Alexander. per cent to $183.9

Planning 264
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Why Premier Investments is “well-placed” to meet economic pressures

Inside Retail

Group chairman Solomon Lew has commended Premier Investment’s strong half year results, attributing standout performances to careful management and execution. Smiggle was a particularly strong performer, with sales for the stationary and accessory brand up by 30 per cent growth. per cent compared to the first half of FY2022, to $174.3

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Hallenstein Glassons grows through FY21, but limps into FY22

Inside Retail

Fashion house Hallenstein Glassons has delivered a year of growth in a difficult market, with group sales almost 22 per cent up to $333 million and net profit hitting $31.7 million – 20 per cent higher than FY20. Sales in the group’s brands Glassons and Hallenstein Brothers grew throughout the year, 16.88 per cent to $92.7

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“We’re ready”: Menswear brand Yd launches dressed-up store concept

Inside Retail

The product is definitely the hero and customers are able to get an amazing styling experience in the new stores,” Yd’s head of marketing and creative Jeremy Taylor told Inside Retail. million in FY22, according to The Australian , while net profit jumped to $52.4 Earlier this month RAG said its sales had risen 23.6

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Online drives H&M profit recovery – but sales still lag pre-Covid era

Inside Retail

In what the Stockholm-headquartered multinational fast-fashion retailer described as a “strong recovery” H&M increased its net profit nearly seven-fold to US$1.5 By quickly taking decisive action we have succeeded in managing the negative effects of the pandemic,” she said. “We Gross margin rose by 2.8

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Analysis: Why Premier Investments is bullish about the future

Inside Retail

The big chains have almost certainly gained market share from a legion of small retailers as a result of Covid-19 trading restrictions, like supermarkets and hardware stores, which have benefited from trading exemptions. per cent boost to net earnings for the six months to December 2020, amid praise and scorn. million in global sales.