Premier’s retail boss, Richard Murray, has resigned.Premier Investments chief executive Richard Murray has quit as the retail group controlled by Solomon Lew evaluates a possible demerger of some of its businesses, including brands Peter Alexander and Smiggle.
Mr Murray will step down as the head of Premier Retail on September 15, and relinquished his executive director status from today. John Bryce, Premier Retail’s long-standing chief financial officer, has been appointed as interim CEO. “The Premier board is focused on moving forward with its formal review as announced today, under the strong leadership of Mr Bryce and the senior management team, whilst continuing to focus on the first-rate retail execution that Premier is known for,” Mr Lew said in a statement.The company expects to report record global retail sales for the 52 weeks ended July 29 of $1.64 billion, up 9.7 per cent on fiscal 2022 sales.
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