ASX Announcements
Notification of cessation of securities - KGN
Appendix 3H (Notification of cessation of securities)
- Jan 2, 2025
- 4 pages
Notification of cessation of securities - KGN
Appendix 3H (Notification of cessation of securities)
- Dec 19, 2024
- 4 pages
Notification regarding unquoted securities - KGN
Appendix 3G (Notification of Issue, Conversion or Payment up of Unquoted Equity Securities)
- Dec 19, 2024
- 6 pages
December 2024
Stuck for gift ideas? Here are 56 popular items this Christmas
Australian shoppers are spending with surprising gusto on gadgets, appliances, fashionable drink bottles, cosmetics gift sets and cult skincare products.
- Simon Evans and Carrie LaFrenz
- Exclusive
- Retail
Retailer Kogan cooperating with ASIC over options deal probe
Two executives made a $17.6 million windfall following an options buy-back; weeks later the Kogan share price crashed. The regulator is now looking into the saga.
- Carrie LaFrenz
Australia’s 50 highest-paid CEOs in 2024 revealed
Macquarie Group’s Shemara Wikramanayake is Australia’s best-paid CEO for the fourth year in a row.
- Patrick Durkin
November 2024
Ruslan Kogan saves director from embarrassment
The director got back onto the retailer’s board by the skin of his teeth (and the help of management).
- Mark Di Stefano
Proxy firm tells Kogan investors to vote down exec pay
Ownership Matters told its clients to also vote against the re-election of James Spenceley following a questionable options deal earlier this year.
- Carrie LaFrenz
October 2024
Ruslan Kogan bulks up in Toorak with double home deal
The Kogan.com founder has emerged as the buyer of two adjoining homes on St Georges Rd taking his tally of properties in Toorak to four.
- Larry Schlesinger
August 2024
A trip to Europe tops a new fridge, says Harvey Norman chairman
Gerry Harvey says households without a mortgage would rather travel than upgrade kitchen appliances, with the retailer reporting a 35 per cent drop in profit.
- Simon Evans
85-inch TVs are taking over Australia’s lounge rooms
A big screen is no longer an extravagance as Kogan shoppers upgrade their home set-up, even if they are cutting back elsewhere.
- Simon Evans
Crowded field down to one as Booktopia emerges with new owner
DigiDirect, a privately held electronics retailer, has all but won a McGrathNicol-led sale process, which kicked off when the bookstore collapsed in July.
- Sarah Thompson, Kanika Sood and Emma Rapaport
July 2024
Kogan, QBD on the scene at collapsed Booktopia
Booktopia also offers “unique” technology, website assets and systems, and wholesale sales channels into retail and educational markets for a would-be acquirer, sources noted.
- Sarah Thompson, Kanika Sood and Emma Rapaport
June 2024
Godfreys creditors wiped out after plans to sell retailer collapse
The company’s administrator, PwC, says it has succumbed to fierce price competition, souring consumer sentiment and a flawed strategy of buying out franchisees.
- Simon Evans
May 2024
Membership crackdown could hurt Kogan.com’s ‘north star’
Investors are betting regulation changes to lucrative membership programs will hurt the retailer’s major profit driver at a time earnings are already under pressure.
- Carrie LaFrenz and Tom Richardson
ASX queries Kogan executive options sale ahead of share plunge
The online retailer, in response to questions from the market operator, said it did not think a poor sales update that sent its stock tumbling was material.
- Carrie LaFrenz and Tom Richardson
Why Kogan stops interviews with marathon runners to hire them
BOSS sat down with Kogan.com founder Ruslan Kogan just as his share price collapsed by 30 per cent.
- Patrick Durkin
April 2024
Kogan executives handed $17.6m payday three weeks before stock crash
The online retailer disclosed earlier this month that key executives would be able to sell options back to the company without having to exchange them for shares.
- Tom Richardson and Carrie LaFrenz
March 2024
- Analysis
- Bulls & bears
Will this model keep working for fashion darling Cettire?
Share sales by the founder, opaque operations and a ballooning valuation: the luxury platform remains controversial with investors.
- Carrie LaFrenz
February 2024
Kogan.com brings back dividends, shares jump 23pc
Investors cheer the dividend even as the online retailer said its interim revenue fell as households cut back on spending amid cost-of-living pressures.
- Simon Evans
The Aussies hoping to make a fortune from Apple’s Vision Pro
The $11 billion ASX software giant Pro Medicus and a Melbourne start-up are among the businesses hoping to cash in on Apple’s new $5000 headset.
- Tess Bennett
January 2024
- Updated
- Appliances
Godfreys goes bust, shuttering 50 stores and sacking staff
The vacuum cleaner retailer’s first store opened in 1931, but its finances have deteriorated in recent years as customers ditch old-school brands.
- Updated
- Carrie LaFrenz and Simon Evans
Online retail starts to plateau – in a surprise to some
The proportion of sales made online has changed little in three years. Brokers say the structural shift has not come as retailers re-invest in stores.
- Kylar Loussikian