Myer Holdings Ltd
Myer Holdings Limited is an Australia-based company which is engaged in the department store business.
The business
Myer Holdings Limited is an Australia-based company which is engaged in the department store business. Its segments include Myer Retail and Myer Apparel Brands. Myer Retail segment includes store and online sales made under the brands: Myer, sass & bide, Marcs and David Lawrence. Myer Apparel Brands include stores and online sales made under the brands: Just Jeans, Dotti, Jacqui E, Portmans and Jay Jays. Its merchandise offer includes core product categories: Womenswear; Menswear; Childrenswear; Beauty; Homewares; Electrical Goods; Toys and General Merchandise. The Company operates approximately 56 department stores across Australia, as well as its online business: myer.com.au. Its subsidiaries include NB Elizabeth Pty Ltd, NB Russell Pty Ltd, NB Lonsdale Pty Ltd, NB Collins Pty Ltd, Warehouse Solutions Pty Ltd, Myer Group Pty Ltd, Myer Pty Ltd, Myer Group Finance Limited, The Myer Emporium Pty Ltd and others.
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Latest news
Myer records modest group sales growth as loyalty and online gains offset challenges
Retailer Myer Holdings (ASX: MYR) has reported a modest sales increase from the Myer Group for the second half of FY 2025. Given the group is in a year of transition, Myer considers the 1.9% increase in total sales to $837.2 million for the period a positive outcome. However, while overall sales were positive, Myer’s […]
Myer launches proposed merger with Premier Investments’ fashion business
Australian retailer Myer Holdings (ASX: MYR) has approached Premier Investments (ASX: PMV) to explore the potential acquisition of its Apparel Brands business. The proposed deal – part of Myer’s ongoing strategic review to increase profitability and drive sustainable earnings growth – would see Myer’s exclusive brands portfolio combine with labels including Just Jeans, Jay Jays, […]
TPG Global bids for InvoCare, Xero culls workforce and Myer posts record half sales
Private equity firm TPG Global has taken advantage of beleaguered funeral services company InvoCare’s (ASX: IVC) lacklustre FY2022 results, with a non-binding cash takeover offer valuing it at $12.64 per share. Under the non-binding indicative offer, which was made on Tuesday, TPG is proposing to give InvoCare shareholders $12.65 cash for each share held. This […]
Shares that could make for handy EOFY tax losses
In keeping with the pre-30 June end of financial year (EOFY) vibe, this week your columnist opines on a few well-known underperformers that arguably are worthy of being sacrificed on the altar of the fiscal fiend. In other words: they’re unlikely to recover in a hurry and their best use is as a tax loss. […]
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