Chairman Garry Hounsell calls refinancing a “strong vote of confidence”.
Department store “extremely disappointed” by hostile campaign.
Garry Hounsell urges shareholders to ignore Lew’s “hostile” campaign.
Solomon Lew calls for removal of Myer board after sales drop is confirmed.
Struggling retailer pauses trading pending further announcement.
Shareholder delivers strongest-worded letter yet ahead of Myer AGM.
The company has requested first quarter sales data ahead of Myer’s AGM.
Geoff Ikin will oversee marketing, advertising and online functions.
The department store’s largest shareholder laid siege to the board and is urging shareholders to vote out the directors.
The move has only served to rankle Premier Investments chair Solomon Lew.