Premier Retail, part of Solomon Lew's Premier Investments group, saw an earnings uptick of almost 11% in the first half of 2017, on the back of strong growth at stationer Smiggle and loungewear brand Peter Alexander.
The rumour mill has been churning in Australia with talk of the sale of struggling retail firm Specialty Fashion Group. Al Alfia Holding, the investment company controlled by the Qatari royal family, could be the suitor.
Cotton On Group has opened its biggest global flagship store in South Africa. The mega outlet showcases most of the group's retail fold including Cotton On, Cotton On Kids, Cotton On Body, Rubi and Free.