Premier Investments
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Owned |
AUS |
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Investment firm
Chaired by one of Australia's richest men, Solomon Lew. Lindsay Fox is also on the board of Directors. Acquired clothing retail group Just Group in 2008.
Company Ownership
Premier Investments Ltd | AUS | website | ||||
Century Plaza Investments Pty Ltd ![]() owns 42% of Premier Investments Ltd |
AUS | |||||
Property developer and investment company Solomon Lew's investment vehicle. Owns 42% of Premier Investments. |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
Premier Investments Ltd | ||||
This company received an S&P Global ESG Score of 14/100 in the Retailing category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 18 Nov 2022). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Source: S&P Global (2022) |
This 2013 report by The Australian Council of Superannuation Investors (ACSI) investigates the labour and human rights risks in supply chain sourcing. This company is identified on page 21 as a company which sources products from countries with known systemic labour and human rights concerns.
Source: ACSI (2013)
Modern slavery disclosure is a critical step in mitigating the risk associated with modern slavery practices in companies' operations and supply chains. The quality of the disclosure signals the level of commitments and efforts that the companies have put in managing these risks. In 2021 the Monash Centre for Financial Studies analysed and ranked the disclosure quality of the modern slavery statements submitted by the 300 largest listed companies on the Australian Stock Exchange (ASX300). This company's modern slavery disclosure statement received a grade of D.
Source: Monash University (2021) |
Company Details
Type | Public company |
Revenue | 1.3 billion AUD (2019) |
Employees | 9,000 (2019) |
Subsidiaries | Myer Holdings Ltd (29% owned) ![]() Department stores Founded in Bendigo, Vic in 1900 and merged with Coles in 1985. Acquired by a consortium of US private equity firms in 2006, who floated the company on the Australian Stock Exchange in Oct 2009. They operate 67 stores around Australia. Acquired designer labels Sass & Bide in 2011, Howard Showers and Charlie Brown in 2014 and Marcs and David Lawrence in 2017. - sass & bide Pty Ltd ![]() Women's fashion Founders Sarah-Jane Clarke and Heidi Middleton sold a 65% share of their fashion label to Myer in Feb 2011. Myer acquired the remaining 35% in Sept 2013. - Wayne Cooper Pty Ltd ![]() Fashion designer Acquired by Myer in 2012. Breville Group Ltd (27% owned) ![]() Household electrical appliances Australian company that develops and distributes consumer electrical products worldwide. Brands in Australia are Breville (kitchen appliances), Breville-Nespresso (co-branded coffee machines) and Kambrook (kitchen appliances). They also have a license agreement for exclusive distribution rights with Philips (grooming and garment care). Just Group ![]() Clothing retail Bought by Soloman Lew's Premier Investments in August 2008. Brands include Just Jeans, Jay Jays, Portmans, Jacqui E, Peter Alexander, Dotti and Smiggle. They operate over 950 stores. |
Contact Details
Address | Level 53, 101 Collins St, Melbourne, VIC, 3000, Australia |
Phone | 03 9650 6500 |
info@premierinvestments.com.au | |
Website | www.premierinvestments.com.au |
Products / Brands
Myer (29% owned)Breville Group (27% owned)
Breville Microwaves Breville Coffee Machines Breville Small Kitchen Appliances Kambrook Heating & Cooling Kambrook Microwaves Kambrook Vacuum Cleaners |
Kambrook Small Kitchen Appliances Kambrook Irons Ronson Small Kitchen Appliances Ronson Heating & Cooling |
Just Group
Dotti Womens Fashion Jacqui E Womens Fashion Jay Jays Youth Fashion Just Jeans Womens Fashion Just Jeans Menswear (casual) Just Jeans Denim Peter Alexander Underwear/Socks/Sleepwear Portmans Womens Fashion Smiggle Stationery Stores |