Premier Retail to close four Sydney stores despite good performance
Inside Retail
JANUARY 26, 2022
Premier Retail says it achieved a modest increase in sales for the half year to January 29, despite losing 42,000 trading days to Covid-related lockdowns and movement restrictions. Referencing a ‘volatile trading environment’ the parent of retail chains Portmans, Dotti, Just Jeans, Smiggle, Peter Alexander, Jay Jays and Jacqui-E, said it will close four stores in the Mid City Arcade in Sydney’s CBD.
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