“Makes sense on paper”: Premier backs spinoff, but analysts have doubts
Inside Retail
OCTOBER 2, 2023
Solomon Lew’s plan to spin off Premier Retail into individual business units, announced in August, appears to be moving full steam ahead, as kids’ stationery brand Smiggle and sleepwear brand Peter Alexander investigate potential international expansions. The group plans to review its retail operations and identify any new opportunities that a different corporate structure could bring to Smiggle and Peter Alexander, up to a potential demerger of the brands, and to analyse any potential capital r
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