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ASX Close: Market sinks to one-week low SubscribeBe the first with the news that moves the market The share market faded to its lowest close in a week and a half as upbeat Chinese economic data failed to offset weak leads from Wall Street and commodity markets. The S&P/ASX 200 deteriorated to a loss of 52 points or 0.78 per cent. Gains in health, technology and retail stocks were comprehensively outweighed by declines in the heavily-weighted bank and mining stocks. What moved the market Local action mirrored Friday's soft end to the week in the US ahead of a market holiday tonight. The

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The Solomon Lew-backed retailer of brands such as Smiggle and Just Jeans is expecting record first-half retail earnings, but not everyone is impressed.

Premier Investments nearly doubles profit in bumper half; shares surge We’re sorry, this service is currently unavailable. Please try again later. Dismiss Premier Investments nearly doubles profit in bumper half; shares surge Normal text size Advertisement Fashion retailer Premier Investments said it has nearly doubled earnings in the first half of its financial year after a huge uptick in online sales during the pandemic, sending its shares to a record high. The retail group, which is majority-owned and chaired by billionaire Solomon Lew, told investors on Wednesday it expects earnings bef...

These are the results more usually associated with the technology sector - not a retailer selling frocks, pyjamas and kids' stationery.