Solomon Lew first Australian inducted into World Retail Congress Hall of Fame
Veteran retailer Solomon Lew has pulled off yet another coup, becoming the first Australian to be inducted into the World Retail Congress Hall of Fame.
Mr Lew, who has amassed a $2 billion-plus fortune during his 53-year retail career, will be one of three new members inducted to the World Retail Hall of Fame, which recognises the lifetime achievements of retail “legends”.
The other two inductees this year are US fashion retailer Tommy Hilfiger and British perfumer Jo Malone. Annual inductees are selected from three global regions – The Americas, Asia Pasific, and Europe, the Middle East and Africa.
Mr Lew, Ms Malone and Mr Hilfiger join an elite group of eminent international retailers that includes Zara founder Amancio Ortega, The Arcadia Group’s Sir Philip Green, Uniqlo founder Tadashi Yanai, IKEA founder Ingvar Kamprad and Martha Stewart Living founder Martha Stewart.
Mr Lew will attend the World Retail Congress in Dubai on April 12-14 to be formally inducted into the Hall of Fame.
Mr Lew, 71, said he was deeply honoured to be recognised by his international colleagues.
“The fact that I am the first Australian to be formally inducted serves to honour not only me, but the Australian retail industry which has developed to become one of the most vibrant and competitive in the world,” Mr Lew said.
“A strong retail industry is the lifeblood of a strong economy with an immense economic multiplier effect both before and beyond the point of sale. For retail to be my life’s vocation, and to have the opportunity to work and engage with so many talented people, continues to be a privilege.”
Mr Lew is the chairman and major shareholder of Premier Investments, which owns well-known Australian brands including Just Jeans, Peter Alexander, Smiggle, Dotti and Portmans.
Mr Lew and his family also own clothing and accessories distributor Voyager Distribution, toy and homewares distributor Playcorp, property investment company Century Plaza, brands including Seed, Thurley, Anthea Crawford and Simon DeWinter, and the Australian licences to clothing and accessories chains FCUK and NineWest.
The global recognition caps off an eventful two years for Mr Lew, who launched his retail career at the age of 18, setting up Voyager Solo and supplying clothes to Myer.
Lew is Jewish and is a member of the Chabad House synagogue in Malvern, Victoria.
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“Mr Lew is the chairman and major shareholder of Premier Investments, which owns well-known Australian brands including Just Jeans, Peter Alexander, Smiggle, Dotti and Portmans.”