Stationery brand Smiggle and sleepwear business Peter Alexander will be spun off from Premier Investments’ portfolio of brands next year to become standalone ASX-listed retailers with ambitious international expansion plans.
Smiggle is set to be demerged by the end of January next year, while a similar spin-off for Peter Alexander is being explored for some time in calendar 2025. Premier’s board of directors is working through regulatory approval processes to execute the proposed spin-off. Regarding Peter Alexander’s potential spin-off, Lew said: “It’s all about the day-to-day shareholders and creating the opportunity and the profitability, there milestones and timetables, but we’re working through all those.”
Nederland Laatste Nieuws, Nederland Headlines
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Smiggle, Peter Alexander slated to become standalone companies in 2025The popular stationery and sleepwear brands are set to be spun out of Premier Investment’s stable of brands next year.
Bron: theage - 🏆 8. / 77 Lees verder »
Smiggle, Peter Alexander slated to become standalone companies in 2025The popular stationery and sleepwear brands are set to be spun out of Premier Investment’s stable of brands next year.
Bron: smh - 🏆 6. / 80 Lees verder »