Premier Investments (ASX: PMV) results: Net profits, revenue down

Pyjama brand Peter Alexander was the best performer among Premier’s retail brand stable, with sales increasing 6.2 per cent to $508.6 million. Sales at youth and stationery store Smiggle fell 7.4 per cent to $296 million. Apparel Brands saw sales drop 6.4 per cent to $790.7 million.

Premier…