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EXCLUSIVE: Powermove Boss Hits Out At Industry Speculation

David Richards November 26, 2018 No Comments

The CEO of Adelaide based Powermove Distribution, Crawford Giles has hit out at industry speculation that his Company is under pressure. In an email to ChannelNews following our story last…

EXCLUSIVE: More Executives Quit Powermove, Brands Set To Be Next

David Richards November 22, 2018 No Comments

Adelaide based distributor Powermove has lost another senior executive the third in the last two months, the Company is also facing the loss of the Toshiba TV business and Philips…

Fog Surrounds Apple As Biggest Partner Slashes Exposure & Shares Slump

David Richards November 22, 2018 No Comments

The fog swirling around Apple has just thickened with a leaked document revealing that key partner Foxconn has been forced to initiate over $3 Billion in cuts. The maker of…

OS Black Friday Deals No Bargain Says New Research

David Richards November 18, 2018 No Comments

Australian retailers could benefit from a new research study that reveals that Australian could be duped when diving into US and overseas web sites this upcoming Black Friday looking for…

JB Hi Fi A ‘Screaming Bargain’ Unlike Harvey Norman Claims Top Analyst

David Richards November 16, 2018 No Comments

Despite being one of the most shorted stocks on the ASX Fund Managers still have an appetite for JB Hi Fi unlike their view on Harvey Norman. Tim Carleton, Auscap…

Air Conditioner Sales Under Threat From Heat Blocking Film

David Richards November 9, 2018 No Comments

Retailers could soon be selling heat-blocking film that you can stick on your windows replacing the need for large air conditioners, the film can block up to 70 per cent…

EXCLUSIVE:Delonghi To Open Experience Centre As Profits & Revenues Rise

David Richards November 8, 2018 No Comments

Delonghi Australia is set to open a new experience centre in Australia next year and while the Company will not take orders directly they will promote a new online store…

BREAKING NEWS: Kogan Shares Crash 24% Margin Erosion Hurting Bottom Line

David Richards October 29, 2018 No Comments

Shares in online retailer Kogan.com plunged more than 24 per cent after the Company admitted that they are facing the same margin pressure as other shop front retailers, they have…

Amazon Finally Wobbles As Earnings Fail To Meet Expectations

David Richards October 26, 2018 No Comments

As Amazon struggles to get traction in Australia the big US online trader has missed global earnings forecasts with analysts claiming that their biggest market, the USA has reached saturation…

Another Senior Executive Quits Powermove

David Richards October 25, 2018 No Comments

Powermove has lost another senior executive with former Harvey Norman executive Nigel Dent quitting the struggling South Australian based distributor. Dent who was General Manager at Powermove is at this…