Premier news and archive

Myer to acquire Premier’s Apparel Brands business

Australian retailer Myer is all set to acquire Premier’s Apparel Brands business in Australia and New Zealand consisting of Just Jeans, Jay Jays, Portmans, Dotti and Jacqui E in exchange for the issue of new shares in the company. As part of the agreement, Premier will distribute its existing and new shareholding in Myer to shareholders and...

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Business

Fashion giants battle continues Down Under: Premier not to make takeover bid for Myer

New York – The battle that has two of the major apparel industry players in Australia is about to take yet another turn. Earlier this week, Premier Investment’s Solomon Lew said in an interview that the company he heads “has no interest in making a takeover bid” for competitor Myer. It’s worth recalling that Myer’s AGM will take place next week....

Fashion

Premier KIDS sees 29% increase in visitors

Premier KIDS has grown with up to 300 brands this season, visitors numbers were up an astounding 19% from last January and 29% in July 03, creating a real buzz amongst buyers at the show. Helga Karlsdottir from Englabornin children's shop in Iceland said, "the atmosphere of the show was great. Premier KIDS was well organised and interesting....

Fashion

For The Kids

The most valuable consumers in the retail industry right now are people who carry no cash, have no credit cards and often throw tantrums in shops. They are infants and toddlers - and at a time when sales in many stores stagnating, they're fueling a major boom in baby clothes. While overall clothing sales dropped in 2002, sales of infant and...