Behind Solomon’s stake in Myer

myerNothing quite stirs the retail rumour mill like a Solomon Lew investment play.

The wily investor and retailer has yet again set the industry buzzing with his latest foray, a $101.3 million investment in the lumbering Myer department store group.

Much of the intrigue surrounds the timing of the move, which saw Lew’s Premier Investments secure what it described as “a strategic investment” of 10.77 per cent in Myer.

Locked content

Subscribe today or login

Subscribe Log in

Gain access to exclusive news, article locked content and much more. Subscribe today for:

IRW-Cover-Mockup Weekly Print & Digital Edition
IRW-Cover-Mockup Quarterly Magazine Print & Digital Edition
IRW-Cover-Mockup Annual Australian Retail Outlook Publication
IRW-Cover-Mockup Access to Locked Content
IRW-Cover-Mockup 20% off Tickets to inside Retail Academy Events for yourself and colleagues


Comment Manually


Inside Retail Polls

The Amazon effect...
What impact will the e-commerce giant have on Aussie retail?

Inside Retail Directory


Retailer's core brands continue to trade poorly ahead of Christmas period.

2 hours ago

Bedding retailer enjoys bumper start to financial year.

2 hours ago

Innovation is not the cohort of the elite but the compulsion of those encountering the mundane impractical or unjust

5 hours ago

FREE NEWS BRIEFS Get breaking news delivered