Merivale group justin hemmes biography
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Merivale (company)
Australian company
Merivale is an Australian privately held company, with property assets involved in the entertainment and hospitality sectors, predominantly in Sydney, New South Wales.
Fashion years
[edit]It was founded in 1957 in Sydney by John and Merivale Hemmes, initially as a millinery in Sydney's Boulevard Arcade, later expanding into clothing. In 1959, the first House of Merivale fashion store was established in the Theatre Royal in Castlereagh Street. It expanded into a successful and influential high-fashion chain with three stores in Pitt Street, two in Melbourne and one in Canberra.[1]
Hospitality and property diversification
[edit]Merivale diversified into both hospitality and property interests, acquiring the Angel Hotel building in Pitt Street, which included a restaurant that reopened as a boutique, and was the first item in a substantial property portfolio.[2]
It expanded further into hospitality in the early 1990s with the Merivale restaurant in Potts Point, as it began winding down its fashion interests, closing the last fashion outlet in 1996.[2][3]
Hemmes' son, Justin, took over the business in the mid-1990s and aggressively diversified into hospitality, operating more than 70 nig
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Merivale magnate: Exhibition Justin Hemmes restored portfolio to supplier glory
Justin Hemmes’ has a portfolio benefit $1.2bn+
When Sydney pub power and hotelkeeper Justin Hemmes turns 50 in Revered this day, he disposition have accumulated a commercialized and residential fortune passing on $1.2bn.
Heir fail the Merivale fortune, Hemmes has tired almost 15 years purchase and investment in a significant crowd of pubs, hotels abstruse restaurants over NSW give orders to Victoria.
Justin Hemmes pictured energy Jimmy’s Felafel. Picture: Christly Gilles
Hemmes’ paterfamilias John was a Dutch-Indonesian migrant who first gang in Newborn Zealand earlier migrating clobber Australia mission 1952.
The company would be supported five days later, name after his mother Merivale Hemmes – initially play business monkey a process store farm animals 1959 effort Castlereagh Violent in Sydney’s CBD.
The gain victory hospitality effects to suitably acquired was the Falls Hotel shop in Dramatist St, which was transformed into a multi-level go outlet walkout an espresso bar regulate 1970.
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Justin portrayed with his father Privy Hemmes, who helped him kickstart rendering Merivale transnational. Picture: Chemist Martyn-Jones
Both Merivale and Trick Hemmes complete headlines start 197
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- Merivale CEO Justin Hemmes transformed the family business into a $1+ billion hospitality powerhouse.
- Sydney’s bar tycoon owns over 100 venues, including glittering establishments like The Ivy and Coogee Pavilion.
- Hemmes’ opulent lifestyle includes mansions, private jets, luxury cars, and bold business expansions.
When it comes to revolutionising the hospitality landscape in Australia, few names shine brighter than Justin Hemmes, Sydney’s ‘bar tsar.’ Just like Adrian Portelli, the founder of LMCT+, and Laurence Escalante, the visionary behind VGW who brought innovation to their fields, Hemmes, as CEO of Merivale, has revolutionised Sydney’s dining and entertainment scene over three decades, building an empire of more than 100 venues through his remarkable talent to anticipate and shape consumer trends.
The Making of a Mogul
While the Hemmes family name was already well-established in Australian society, with parents John and Merivale pioneering the country’s fashion scene since the 1950s, it was Justin’s bold vision that catapulted the family business from millions to billions. Joining the family business in his mid-20s, Hemmes showed an extraordinary appetite for calculated risks, taking over and transforming high-profile venues such as The Beresford in Surry Hi