Solomon Lew has threatened to call an extraordinary general meeting to get two seats on Myer’s board, after the under-siege department rebuffed his request earlier this month. The [...]
Unlike chief executives, chairmen – and women – tend to depart on their own terms.It gets a bit trickier, of course, when you’ve got a billionaire like Solomon Lew breathing [...]
Myer will try to claw back sales and floor space from the high-end concession stores that have colonised its stores.After reporting an 80 per cent slump in full-year profit on Thursday, Myer [...]
Myer’s full-year profit looks set to be largely wiped out after the retailer wrote off its stake in struggling Topshop and continued to suffer from weak trading conditions.The department [...]
Myer says the challenging retail environment, Cyclone Debbie and having fewer discounts crunched sales last quarter, with revenue across the department store falling by more than $20 [...]
