With the two big retail events,Easter and Mother’s Day on the horizon,it’s a slam dunk that Premier will produce another record result for the second half of its financial year.
Billionaire Solomon Lew’s retailing group Premier Investments has not ruled out handing back the nearly $20 million it received in JobKeeper payments despite reporting a bumper profit.
There is next to no chance Solomon Lew has abandoned his Myer ambitions. The billionaire retailer has made the struggling retailer his mission.
Myer chief executive John King has said the retailer’s jump in profits over the first half of the financial year was not reliant on JobKeeper payments,despite the business claiming $51 million as part of the scheme.
Australia’s workplace watchdog is investigating billionaire Solomon Lew’s Just Group retail empire over JobKeeper compliance issues.
Billionaire rag trader Solomon Lew has splashed out more than $10 million on waterfront villa in Phuket with its own private beach
Corporate governance experts are urging more big companies to repay funds received through JobKeeper,warning taxpayers will bear the cost for decades.
The ASX is sticking to its principles as cash box listings boom in the US and other jurisdictions scramble to participate.
Rag trader Solomon Lew made a fortune on a deal with Donald Trump. And now he is disappointed by his political downfall.
A small number of companies such as Solomon Lew's Premier Investments have received $40m in taxpayer subsidies while paying large bonuses and dividends to top executives.
The terms of Mark McInnes'departure include two years'retail industry gardening leave during which Premier will pay him his base pay for both years - a total of $5.4 million.