Livewire has acquired Market Index, the country’s leader in free stock market data.
Find out why.

Premier upbeat about UK expansion

Livewire News


Premier upbeat about UK expansion. Retailer Premier Investments is looking to further expand its Smiggle chain in the UK, with plans for up to 30 new stores by the end of next year. Premier Investments reported a net profit of $73m in the year to July 27, a slight improvement from 2013's net profit of $69.3. Premier shares were 1.93 per cent higher at 10.30am at $10.02, indicating a positive response from investors. Premier have noted that there are considerable opportunities for Smiggle in the UK, with personal stationery valued at $2.4 billion, adding, Management continues to see the potential for up to 200 stores over five years in the UK with sales in excess of $200 million,. Smiggle is Premier's best performing asset, achieving sales growth of 17.4 per cent and sales in excess of $100m. Read the full article in Business Spectator: HTTP://WWW.BUSINESSSPECTATOR.COM.AU/NEWS/2014/9/17/RETAIL/PREMIER-UPBEAT-ABOUT-UK-EXPANSION

1 topic

Livewire News
Livewire News

Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.


No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.