Latest news with #UniversalStore
Daily Mail
11 hours ago
- Business
- Daily Mail
Mystery over alleged teen killer's activities at a café just minutes before he was arrested over the alleged murder of Universal Store CEO - as cops scour the business for clues
Bizarre footage has emerged of a teenager at a local café, shortly after he allegedly stabbed Universal Store CEO Greg Josephson to death during a house party at the millionaire's sprawling Brisbane home. A 15-year-old boy has been charged with one count of murder after Mr Josephson was found critically injured at the gathering attended by 30 teenagers on Thursday. Officers arrived at the six-bedroom 1930s Art Deco mansion in Clayfield, in Brisbane 's inner north, just after 8.15pm and found the CEO unresponsive upstairs. Police allege an altercation took place between the teenager and the father-of-three, who are believed to be known to each other. A household item was used in the alleged attack. Winter holidays run from June 28 to July 13 in Queensland, with private schools usually breaking up a few days earlier. CCTV footage from a café near Mr Josephson's mansion showed the alleged killer walking across a patio area while wringing his hands. The teen is understood to have sustained a hand injury in the alleged attack, the Courier Mail reports. He appeared smartly dressed in a button-up shirt and pants as he proceeded to squeeze his way into a narrow rubbish area at the back of the venue. He then appeared to create a barricade by moving several bins in front of him. Police arrested the 15-year-old about 8.15pm after he called triple zero. He was refused police bail and has been taken to hospital. The café has since remained a place of interest, with officers and a dog squad reportedly seen searching the area on Friday afternoon. For almost two decades, Mr Josephson was the director of the Brisbane-based Universal Store, which he established with his brother Michael in 1999. From one store in Carindale, the company has grown to 80 outlets in every state and territory of Australia, as a leader in youth and streetwear fashion with an annual revenue of more than $288million. The Josephson brothers sold the business for $100million in September 2018 to private equity investors Five V Capital, Catalyst Direct Capital Management and BBRC Worldwide, which had previously invested in Bras N Things. Universal Store Holdings was listed on the Australian Securities Exchange in November 2020 and the brand has continued to grow since the Josephson brothers relinquished control almost seven years ago. Mr Josephson and his wife Tamra bought the Clayfield home for $1.91million in 2016. The couple embarked on a major renovation, with Mr Josephson explaining at the time how they had planned to 'create a huge garage with a tennis court above it'. 'We were looking for a big family home and this was in very original condition,' he told the Courier Mail earlier this month. The sprawling Oriel Road property had been on the market for just 43 days when Mr Josephson was allegedly murdered.
Sky News AU
12 hours ago
- Sky News AU
Horror new details revealed after multi-millionaire CEO allegedly killed by teen while Brisbane house party took place
Shock new details have been revealed after 58-year-old CEO Greg Josephson was allegedly fatally stabbed at a house party in Brisbane. Mr Josephson, the co-founder of the popular Universal Store clothing chain, was allegedly murdered when an altercation occurred at a party involving 30 young teens which took place downstairs in a $5.4 million mansion in Clayfield. Mr Josephson was found critically injured on the top floor of his palatial property shortly after 8pm on Thursday and later died. The teen was then arrested at 8:15pm in a nearby street after calling triple-0. He was later charged with one count of domestic violence murder. New CCTV vision obtained by 7News allegedly showed the teen riffling through bins behind a café in Ascot about 8pm, shortly before he turned himself to authorities. Multiple investigators and the dog squad were later seen carrying out searches at the Ascot café on Friday afternoon. Detectives claimed Mr Josephson had been on the floor for hours, while over 30 teenagers partied downstairs unaware that the horrific crime had taken place. The children at the party had their phones confiscated and were taken to the police station to be interrogated about the incident. Neighbours who spoke to said partygoers were frantically attempting to leave the house and that the party was so quiet they did not realise anyone was home. 'They were just like 'we want to go home, and we're not allowed to leave'," the neighbour said, adding that the children were 'devastated.' Police said the scene was 'chaotic' and 'confronting' and that the children were visibly shaken. 'We are still establishing the timeline of what has happened at this address. There were about 30 young people here,' Inspector Jane Healy said. Detective Acting Superintendent Craig Williams also confirmed on Friday that police had located the household implement allegedly used to commit the murder and that no other persons of interest had been taken into custody. 'It's very early days and understanding exactly why it has occurred and what has happened, the investigation is still under way,' Supt Williams said. Mr Josephson co-founded the popular youth focussed clothing brand Universal Store with his brother Michael in 1999 and sold the business to a wealthy private equity firm in 2018 with the deal reportedly worth over $100 million. Over the next two decades the company expanded to 53 stores nationwide and raked in an annual turnover of $244 million in 2024. It holds a market cap of around $570 million on the ASX. Mr Josephson also worked as a leasing executive for Westfield, Jones Lang LaSalle and Lend Lease and since 2018 was serving as chief executive of Josephson Holdings Pty while keeping a relatively low public profile. The sprawling north Brisbane property along with the neighbouring lot was listed for sale on the market earlier this month, after Mr Josephson and his wife Tamra purchased the home in 2016 for $1.91 million. The three-storey home boasts six bedrooms, six bathrooms, an outdoor pavilion, an alfresco dining area, and a pool, and was listed for expressions of interest on May 15. The property also recently featured in a Courier Mail article, where Mr Josephson talked up renovations he and his wife had made in 2022, stating the makeover made the estate feel like a 'five-star-resort.' 'We love the fact it's six bedroom and there's just so much space, with all these breakout areas that you can enjoy. My wife and I can go and sit by our fireplace in the parents retreat and the kids can head to the casual downstairs area on the ground floor," he said. 'We were looking for a big family home and this was in very original condition. We're sad to sell but we're relocating to Noosa where we have a house and business interests. But we're proud that we went all out to create a once in a lifetime forever home, and that's what's on offer for someone now.' The well-known entrepreneur also owned a $13.9m Noosa Reef Hotel, a group of cottages in Cooran worth $3.5m, a Noosa hinterland estate purchased for $5m in 2020 and $6.5m worth of properties on Eumundi Noosa Rd, Doonan. Magistrate Megan Power ordered the defence to provide evidence no later than August 22, with the case adjourned to September 2 while the boy remained in custody after being refused bail. Under Queensland's new "adult time adult crime laws", the teenager could face life behind bars if found guilty.
Time of India
17 hours ago
- Time of India
Universal Store founder stabbed to death at Brisbane mansion party by 15-year-old
A 15-year-old boy has been charged with murder after the fatal stabbing of Greg Josephson , the co-founder of Australian fashion chain Universal Store , at a house party in Brisbane's inner north. Police were called to a home on Oriel Road in Clayfield around 8:15 pm on Thursday(June 26), where they found 58-year-old Josephson dead. Authorities said approximately 30 people, many of them teenagers, were attending the party to mark the end of the school term. The boy, who is known to Josephson , was arrested nearby shortly after calling emergency services himself. Police believe he was the only person involved in the alleged attack. Detective Acting Superintendent Craig Williams confirmed the murder weapon had been recovered and that the boy was cooperating with authorities. He said the party was not out of control and there was no indication other guests were involved in the incident. 'This is a tragic incident that will affect the family, the community as a whole, and other young persons who were at the house at the time,' Williams said. Live Events The 15-year-old suspect was denied police bail and appeared in Brisbane Children's Court on Friday via video link. The case has been adjourned to September 2 for a brief of evidence. Who was Greg Josephson? Josephson was a well-known businessman in Queensland. He and his brother Michael founded Universal Store in 1999. The brand grew into a successful youth fashion chain before being sold to private equity investors in 2018. It later went public on the Australian Securities Exchange in 2020. In a statement, Universal Store paid tribute to its late co-founder: 'We wanted to share the sad news that Greg Josephson, who founded our company and played a significant role until 2018, has recently passed away. Our sincere thoughts and condolences are with his family at this very sad time.' Josephson also had substantial property investments and was remembered by friends and community members as a 'gentle soul' and a generous presence in the local business scene.
Scottish Sun
17 hours ago
- Scottish Sun
Top CEO stabbed to death at his luxury mansion during house party as boy, 15, charged with murder
Distressed teens are now assisting police with the attack at the multimillion-dollar mansion KNIFE HORROR Top CEO stabbed to death at his luxury mansion during house party as boy, 15, charged with murder Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) A TOP CEO was stabbed to death in a horror knife attack during a party packed with teenagers at his luxury mansion - before police arrested a 15-year-old boy. Australian entrepreneur Greg Josephson was hosting a large gathering of 30 or so teens at his home in Brisbane at the time of the deadly stabbing, cops said. Sign up for Scottish Sun newsletter Sign up 4 Greg Josephson (L), CEO of Universal Stores, was stabbed to death in Australia 4 He was attacked at his luxury mansion in Clayfield, Brisbane Credit: 9 news 4 Police arrested a 15-year-old and charged the teen with murder Credit: 9 news The businessman, 58, was the co-founder of youth clothing company Universal Store, which he and his brother Michael created in 1999. Josephson knew the alleged killer before the two got into an altercation around 8:15pm on Thursday, Queensland police said. The 15-year-old allegedly used a household item to carry out the attack. Queensland Police Acting Assistant Commissioner Rhys Wildman said: "There was some sort of altercation that resulted in this 58-year-old male tragically losing his life. "It's not a case of carrying knives, it's unfortunately allotted in a home." Police rushed to the house in Clayfield, Australia, and found the CEO critically wounded. He was later pronounced dead at the scene. Cops immediately launched a manhunt and were able to locate the teenager two blocks south of Josephson's home. The child was charged with murder after being questioned and is currently being held without bail. Police detective Craig Williams said: "I can confirm that there was a party under way at the house with a number of young persons." Knifeman storms Andrew Tate's compound in Romania stabbing worker, 53, on disgraced influencer's property He explained that most of the teens were completely unaware of the horrifying attack when it happened. "It was a confusing situation," Williams added. A number of teenagers who were at the home during when the knife attack took place are now speaking with police. Universal Store specializes in trend-led clothing for men and women, with its target audience age being 15 to 34, according to their website. His company was sold to a consortium of private equity investors in 2018 for $100million. Josephson had been chief executive of Josephson Holdings Pty Ltd. since 2018, according to his LinkedIn. He appeared to have kept a relatively low public profile. Universal Store announced Josephson's death in a heartbreaking statement. They said: "We wanted to share the sad news that Greg Josephson, who founded our company and played a significant role until 2018, has recently passed away. "Our sincere thoughts and condolences are with his family at this very sad time." The tragic boss had bought the six-bed, six-bath "five-star" mansion back in 2016 for $1.25million. The three-storey pad, tucked away in Brisbane's upmarket Clayfield suburb, was transformed in 2022, according to 7News. The home is now estimated to be worth a whopping $3.2million. Josephson had recently listed the luxury property on the market as he planned to move his family north to Noosa. Horrified neighbors were left in shock after hearing about the high-profile killing. Some said the party was very quiet before the fatal attack. One neighbor told the Courier Mail: "It was extremely quiet, I wouldn't have even known there was a party going on last night."
The Sun
17 hours ago
- Business
- The Sun
Top CEO stabbed to death at his luxury mansion during house party as boy, 15, charged with murder
A TOP CEO was stabbed to death in a horror knife attack during a party packed with teenagers at his luxury mansion - before police arrested a 15-year-old boy. Australian entrepreneur Greg Josephson was hosting a large gathering of 30 or so teens at his home in Brisbane at the time of the deadly stabbing, cops said. 4 4 4 The businessman, 58, was the co-founder of youth clothing company Universal Store, which he and his brother Michael created in 1999. Josephson knew the alleged killer before the two got into an altercation around 8:15pm on Thursday, Queensland police said. The 15-year-old allegedly used a household item to carry out the attack. Queensland Police Acting Assistant Commissioner Rhys Wildman said: "There was some sort of altercation that resulted in this 58-year-old male tragically losing his life. "It's not a case of carrying knives, it's unfortunately allotted in a home." Police rushed to the house in Clayfield, Australia, and found the CEO critically wounded. He was later pronounced dead at the scene. Cops immediately launched a manhunt and were able to locate the teenager two blocks south of Josephson's home. The child was charged with murder after being questioned and is currently being held without bail. Police detective Craig Williams said: "I can confirm that there was a party under way at the house with a number of young persons." He explained that most of the teens were completely unaware of the horrifying attack when it happened. "It was a confusing situation," Williams added. A number of teenagers who were at the home during when the knife attack took place are now speaking with police. Universal Store specializes in trend-led clothing for men and women, with its target audience age being 15 to 34, according to their website. His company was sold to a consortium of private equity investors in 2018 for $100million. Josephson had been chief executive of Josephson Holdings Pty Ltd. since 2018, according to his LinkedIn. He appeared to have kept a relatively low public profile. Universal Store announced Josephson's death in a heartbreaking statement. They said: "We wanted to share the sad news that Greg Josephson, who founded our company and played a significant role until 2018, has recently passed away. "Our sincere thoughts and condolences are with his family at this very sad time." The tragic boss had bought the six-bed, six-bath "five-star" mansion back in 2016 for $1.25million. The three-storey pad, tucked away in Brisbane's upmarket Clayfield suburb, was transformed in 2022, according to 7News. The home is now estimated to be worth a whopping $3.2million. Josephson had recently listed the luxury property on the market as he planned to move his family north to Noosa. Horrified neighbors were left in shock after hearing about the high-profile killing. Some said the party was very quiet before the fatal attack. One neighbor told the Courier Mail: "It was extremely quiet, I wouldn't have even known there was a party going on last night." 4
