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Lip gloss and pens: Smiggle bets on beauty to spark growth turnaround

Carrie LaFrenz

Billionaire businessman Solomon Lew will introduce low-cost beauty items at Smiggle as he attempts to turn around the once hugely popular children’s stationery chain, vowing a return to growth next year.

Smiggle and sleepwear brand Peter Alexander are owned by Lew’s listed group, Premier Investments, which also holds a major stake in home appliance company Breville.

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