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Myer and its Hanging Future solomon lew letter to shareholders

Myer and its Hanging Future

Myer’s falling sales and a downward spiral in foot traffic as shoppers increasingly choose to buy online sees it in a hazardous state. Shareholder Solomon Lew is now on a mission to overthrow Myer’s board, starting with chairman Gary Hounsell. 

Bras N Things Sold to Hanes Australasia

Bras N Things Sold to Hanes

Hanes Australasia, formerly Pacific Brands, has confirmed its definitive agreement to acquire Bras N Things from private equity firm BB Retail Capital, and other associated parties.