Premier Soothes Retail Nerves

Up to the close of business on Tuesday, shares in Premier Investments (PMV), the holding company for most of Solomon Lew’s retail interests had lost around 13% for the year so far as investors fretted that it might be infected by the malaise that seems to be hammering small and medium retailers, some of whom have gone bust in recent weeks, especially in the men’s and women’s fashion wear sector.

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