ASX Announcements
Application for quotation of securities - KGN
Appendix 2A (Application for Quotation of Securities)
- Oct 8, 2024
- 6 pages
Notification of cessation of securities - KGN
Appendix 3H (Notification of cessation of securities)
- Oct 8, 2024
- 4 pages
August
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
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
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
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
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
- 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
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
- 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
November 2023
- Exclusive
- BOSS
Australia’s 50 highest-paid CEOs in 2023
Despite topping the pay ranks, Macquarie Group’s Shemara Wikramanayake is just one of two women on the list.
- Patrick Durkin
August 2023
This one theme is lighting up some stocks, and killing others
Why are shares in Altium, Megaport and Hub24 surging but Kogan.com, Perenti and Data#3 slumping? Tuesday’s answer is that investors just want growth.
- Updated
- Anthony Macdonald
Forget retail, Kogan says he’s now running a tech company
Ruslan Kogan’s eponymous retail business has booked a fall in sales, but he says there is a gold nugget hidden in its earnings.
- Paul Smith
Forget Nvidia and consider these ASX stocks instead
AI’s refashioning of office jobs and workplaces will be so broad it will throw up many unexpected winners.
- Tom Richardson
July 2023
- Analysis
- Bulls & bears
Kogan sales slump but shares surge as it goes back to basics
Ruslan Kogan started by selling TVs out of a garage, so running on the cheap has never been a problem, and investors are seeing the value of recent frugality.
- Paul Smith
Kogan sales, profits slide amid consumer slowdown
The retailer says its inventory has been slashed by nearly 60 per cent compared with a year ago and is improving its profitability after its restructuring.
- Carrie LaFrenz