Lew was appointed to the board of clothing retailer Colorado in 2002 after his father purchased 20% of the company. Concerns were expressed about Peter Lew's understanding of corporate governance issues when he told the Herald-Sun newspaper that he intended to represent the interests of his father on the board. He said "from my perspective it is good business sense for ARI to be represented on the board and I believe we will make an excellent team." Lew resigned from the board of Colorado in 2004.
