In a shocking turn of events, Greg Josephson, once the towering force behind Universal Store, met a tragic end at his Brisbane mansion during a seemingly innocuous house party.
At a Glance
- Greg Josephson, 58, the co-founder of Australian fashion retailer Universal Store, was stabbed to death in his Brisbane home.
- A 15-year-old boy, who was known to Josephson and was a guest at a gathering at the home, has been arrested and charged with murder.
- The incident occurred on the night of Thursday, June 26, 2025, in the affluent suburb of Clayfield.
- Police have described the event as a “tragic incident” that has shocked the local community.
A Shocking Death in a Quiet Suburb
Greg Josephson, the 58-year-old entrepreneur who co-founded the successful Australian youth fashion chain Universal Store, was found dead on Thursday night after being stabbed during a gathering at his Brisbane mansion. The incident, which has shocked the quiet, upscale suburb of Clayfield, resulted in the swift arrest of a 15-year-old boy.
Queensland police were called to the home around 11 p.m. following reports of a disturbance. Upon arrival, they discovered Josephson with a fatal stab wound. The teenage suspect, who was known to the victim, was taken into custody a few blocks from the scene shortly thereafter.
An Altercation Turns Fatal
According to police, the stabbing occurred during a small house party or gathering at Josephson’s home. The altercation reportedly took place in the kitchen area of the property. Police have recovered a knife, believed to be the weapon used in the incident.
Detective Acting Superintendent Craig Williams of the Queensland Police addressed the media, confirming details of the tragic event. “[It] will affect the family, the community as a whole, and other young persons who were at the house at the time,” Williams said, according to ABC News. He noted that the other young people present were assisting with the investigation, but were not otherwise involved.
A Legacy Cut Short
The news of Josephson’s death sent a wave of sorrow through the Australian retail and business communities. Josephson co-founded Universal Store in 1999 and was instrumental in building it into a national brand with dozens of stores before selling his stake in 2018.
“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,” Universal Store said in a statement reported by The Economic Times. “Our sincere thoughts and condolences are with his family at this very sad time.”
The 15-year-old suspect has been charged with one count of murder and is expected to appear in court in September.
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