September 2024
Activist investor asks Redbubble to hang for-sale sign; seeks board seats
Osmium Partners is set to kick off an audacious public letter writing campaign where it will ask shareholders to support four new board members.
- Sarah Thompson, Kanika Sood and Emma Rapaport
February 2024
What tech investors will be watching this earnings season
Some stocks will disappoint and others will pop as investors look for consistent growth and cost-cutting, rather than developments in buzzy areas such as AI.
- Tess Bennett
January 2024
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
October 2023
- Exclusive
- Funding
After selling his tech firm for $1.6b, Leigh Jasper is starting again
After he sold Aconex to US giant Oracle, it is surprising to see the co-founder starting at square one again. What is less surprising is well-known backers buying in.
- Paul Smith
Chastened Redbubble avoids second strike
Shareholders voted in favour of Redbubble’s remuneration report and backed the current board, at the expense of self-styled activist Michael McConnell.
- Tess Bennett
Activist wins proxy support in battle over Redbubble seat
A retired activist investor seeking a seat on Redbubble’s board has been endorsed by two proxy firms.
- Tess Bennett
Redbubble shares soar 30pc after profit update
After returning to the top job earlier this year, chief executive Martin Hosking said Redbubble was underlying cash flow positive last quarter.
- Updated
- Tess Bennett
May 2023
Redbubble axes 75 roles in new cost-cutting round
Returning chief executive Martin Hosking said Redbubble will cut a further 23 per cent of its workforce, building on earlier job cuts made in January.
- Tess Bennett
March 2023
Martin Hosking returns to Redbubble after CEO resigns
The co-founder of Redbubble has taken the reins of the struggling online art marketplace for a third time.
- Tess Bennett
Why Aussie tech investors think we’re just in a blip
With sackings, valuations falling and Silicon Valley Bank crashing, tech investors appear nervous, but those with money at stake remain as confident as ever.
- Paul Smith
January 2023
Private equity deals and few IPOs: how 2023 looks for tech
Tech stock investors face a year of stiff competition to buy into quality local companies such as WiseTech and Xero as tight capital markets keep the lid on fresh listings.
- Jessica Sier
Redbubble makes 14pc of staff redundant
The shares are down 11 per cent as the layoffs form part of a cost-cutting program to help return the online marketplace to cashflow positive by year end.
- Yolanda Redrup
December 2022
The 11 Star officers sued by ASIC and their alleged failures
ASIC alleges that 11 Star directors and executives failed to ‘sufficiently focus’ on the risks of money laundering and criminal associations in its casinos.
October 2022
D minus for Redbubble board after shares plummet 92pc
Redbubble investors want to see a leadership change, but it’s the board rather than chief executive on the chopping block.
- Yolanda Redrup
August 2022
- Analysis
- Sharemarket
Valuation plot thickens for Adore, Redbubble, Temple & Webster
Temple & Webster has been rewarded for margin and cost base management, while Redbubble has been slaughtered for increased investment.
- Tom Richardson
July 2022
Redbubble fined for breaching Hells Angels trademark
A Federal Court judge awarded the Hells Angels damages of $78,250 for breaching its winged death-head trademark.
- Michael Pelly
March 2022
- Exclusive
- Online shopping
Online retailer MyDeal launches new activities marketplace
Sam Pinney, who joined from rival online marketplace Redbubble, is heading the Amazed.com business.
- Carrie LaFrenz
February 2022
Redbubble shares pop despite swing to loss
Redbubble swung to a loss during the last half of 2021, its underlying performance skewed by the significant drop-off in mask sales.
- Jessica Sier
- Opinion
- Sharemarket
Twilio, Facebook results rich in lessons for investors
Twilio says it can help businesses decrease customer acquisition costs and increase lifetime values as new privacy rules threaten the internet’s tech giants.
- Tom Richardson
January 2022
- Opinion
- Chanticleer
Online retail’s wake-up call
Earnings season may be a story of highs and lows. A profit upgrade by JB Hi-Fi earned market endorsement as a profit downgrade by Redbubble triggered a hammering.
- Tony Boyd