Premier Investments’ crown jewel Smiggle has lost its sparkle after spectacular internal conflicts and the shock departure of its chief executive. The brand was once the envy of primary schoolers and ...
The schoolyard status symbol that became a billion-dollar empire is fighting for survival due to plummeting sales and a spectacular leadership break-up. In 2023, Smiggle was rapidly expanding its ...
The cult back-to-school accessorizer Smiggle, where a lunchbox can cost A$63 ($40), may soon open up its books to investors. Smiggle’s owner, Sydney-listed Premier Investments Ltd., said Monday it’s ...
Children are losing interest, staff are heading for the exit, and a probe has revealed alleged serious misconduct. Can Solomon Lew, the billionaire king of retailing, turn things around? Stationery ...
It’s more than a year since billionaire retailer Solomon Lew’s Premier Investments sacked John Cheston, the head of its kids’ stationery chain Smiggle, for alleged “serious misconduct”. But it’s fair ...
Shares of Premier Investments Limited (AU:PMV) plunged over 9% after the company stated that it is delaying the demerger of Smiggle stationary stores while announcing the FY24 results. The company ...
SYDNEY—Australian retail group Premier Investments PMV0.85%increase; green up pointing triangle posted a near 5% fall in annual profit on weaker sales and said it is delaying the demerger of its ...
In 2023, Smiggle was rapidly expanding its stores into new markets and posting record sales, but its performance has declined dramatically since then. Smiggle’s global sales declined 10.7 per cent ...