BREAKING NEWS: Apple Revenues & Profits Crash
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January 30, 2019
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As tipped consumers are turning off buying Apple products with the global Company reporting a quarterly decline in both revenue and profits.... Read More
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Scrutiny of FlexiGroup who describe themselves as a key supplier of financial services to retailers Harvey Norman, IKEA, and Apple Resellers have... Read More
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Several senior staff at Chinese drone maker DJI, the world’s biggest maker of consumer drones have been ripping off the Company to... Read More
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Logitech Walks Away From Plantronics, Whose Year On Year Revenues Are Down
Logitech has walked away from a US$2.1 Billion dollar deal to buy Plantronics who are facing a margin squeeze in the... Read More
EXCLUSIVE: Powermove Boss Hits Out At Industry Speculation
The CEO of Adelaide based Powermove Distribution, Crawford Giles has hit out at industry speculation that his Company is under pressure. In... Read More
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Solomon Lew Claims “Even Father Xmas Can’t Turn Myer Around”
He owns more than 10% of the shares in Myer, now Melbourne based retailer Solomon Lew claims the big department store board... Read More
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Australian retailers could benefit from a new research study that reveals that Australian could be duped when diving into US and overseas... Read More
Harvey Norman: Debt Up Share Value Down, Questions Over Directors Pay, AGM Set To Be A Circus
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Shares in online retailer Kogan.com plunged more than 24 per cent after the Company admitted that they are facing the same margin... Read More
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Harvey Norman Directors who lined their own pockets with benefits at the expense of other shareholders have been caught out and forced... Read More
Electrolux Set To Jack Up Prices OZ Appliance Market Described As “Negative”.
The Australian market for appliances has gone “soft” according to Electrolux management with the Swedish Company only achieving sales increases by “lifting... Read More
Gerry Harvey Gets An “Extra Advantage” Buying His Own Shares
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Ambertech Still Making Losses Despite Upturn In Lifestyle & Pro Divisions.
Sydney based distributor Ambertech, has reported its strongest growth for several years, with their Lifestyle Division reporting 7.5% growth and their Professional... Read More
Loss Making Catch Group Shareholders Pocket $20M Despite 90% Fall In Profits
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EXCLUSIVE: Big W & Target To Mimmick Amazon Marketplace Online Battle Looms
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Will Harvey Norman Margins Get Squeezed & What Is The Future For Myer?
As big US retailer Sears crashes into bankruptcy questions are now being raised in Australia about the future of Myer and whether... Read More
Will Myer Go The Same Way As Sears As They Teeter On The Brink?
Executives at struggling Australian department stores David Jones and Myer are watching with interest the plight of US retailer Sears who is... Read More
Harvey Norman $7.8M Bail Out Of Apple Reseller Raises Franchisee Question
When Harvey Norman Chairman Gerry Harvey was spruiking his big new Auburn store earlier this month there was issue that he did... Read More
Logitech On A Roll As PC Gaming Delivers Growth And Consumers Look To Upgrade Sound Gear
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Harvey Norman To Open 107 New Stores By 2020
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THe Good Guys Stores Sold
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Retailers and distributors who trade with Cygnett have been warned of a major data breach involving the NAB Bank with partners told... Read More
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EXCLUSIVE: Aqipa To Launch White Label B2B Site, 10,000 SKU’s Available
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TPG, Vodafone Merger No New Debt, Script Deal Tipped
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As Alienware Wobbles Dell Faces Enterprise Fight
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Huawei Comes Out Swinghing claiming 5G Ban Was ‘Politically Motivated”.
Huawei has come out swinging claiming that the decision to ban the Chinese Companies involvement in the roll out of 5G is... Read More
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In a blow to carriers, Samsung has moved quickly to take pre orders directly for their new $1,499 Note 9 and they... Read More
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Consumer tech is coming back with the Consumer Technology Association the group that runs CES, tipping that revenues will hit $377 billion... Read More
Apple Closing In On Trillion Dollar Value
After posting a growth in revenue for its third quarter, Apple is one step closer to hitting the trillion dollar mark. According... Read More
Expenive iPhones Boost Apple Revenues
Expensive iPhones have helped Apple deliver increased revenues as their share value jumps 3% on the news. Despite sales of iPhones being... Read More
