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Premier Investments Limited (ASX: PMV) was listed on the ASX in December 1987 to be an investment vehicle to acquire or attain controlling stakes of ‘premier’ Australian companies with a particular focus on retailing, importing and distributing. It has leading retail brands like Smiggle, Peter Alexander, Just Jeans and Jay Jays. It also owns just over 20% of Breville Group Ltd (ASX: BRG) as well as close to 11% of Myer Holdings Ltd (ASX: MYR).
The Premier Investments Ltd (ASX:PMV) share price has fallen 18% since giving a disappointing trading update last week.
The Premier Investments Limited (ASX:PMV) share price is up 16% after announcing it’s selling its apparel brands to Myer Holdings Ltd (ASX:MYR).
The Premier Investments Limited (ASX:PMV) share price is under the spotlight after the retailer reported its FY24 result.
The Premier Investments Limited (ASX:PMV) share price is down more than 4% after revealing a FY24 update and the sacking of the Smiggle boss.
The Myer Holdings Ltd (ASX:MYR) share price is up 17% in response to a plan to buy the apparel brands of Premier Investments Limited (ASX:PMV).
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down -0.41% to 7780.
The Premier Investments Limited (ASX:PMV) share price is in the spotlight after the company revealed its FY24 first-half result.
In this ASX investing guide, we will be introducing 24 ASX share ideas worth keeping an eye on in 2024.
Weaker iron ore prices saw BHP Group Ltd (ASX: BHP) shed 53 cents, or 1.1 per cent, to $47.18, while Rio Tinto Ltd (ASX: RIO) lost 83 cents, or 0.6 per cent, to $128.32, and Fortescue Ltd (ASX: FMG) eased 13 cents, or 0.5 per cent, to $27.24.