ASX Announcements
Update - Notification of buy-back - KGN
Daily Share Buy-Back Notice
Update - Notification of buy-back - KGN
Daily Share Buy-Back Notice
Update - Dividend/Distribution - KGN
Dividend Record Date, Dividend Pay Date, Dividend Rate, Dividend Reinvestment Plan
Update - Notification of buy-back - KGN
Daily Share Buy-Back Notice
Update - Notification of buy-back - KGN
Daily Share Buy-Back Notice
February
What we learnt: Coles is thumping Woolies. Does a price war loom?
It was a case of duopolies at war on Thursday, with Coles toppling Woolworths and Medibank Private revealing much better numbers than Ramsay Health Care.
What we learnt: Behind the massive share price moves on manic Monday
Investors were brutal in their earnings assessments, leaving nowhere for the disappointers to hide.
January
Rip Curl, Kathmandu sales recover, but earnings tipped to fall
Sales through Black Friday and the Christmas trading period improved but parent group KMD Brands is still facing a big drop in first-half earnings.
Wesfarmers to shut Catch amid stiff competition from Temu, Amazon
The rise of big international players has prompted the retail giant to wind down the loss-making marketplace, saying it’s the “right thing for shareholders”.
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.
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.
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.
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).
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
March 2024
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.