EXCLUSIVE:CEDIA Installer Group Liquidation Woes Revealed
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December 12, 2018
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An investigation by ChannelNews has revealed that the directors behind BSR Group a Brisbane based custom installer Company have been the principle... Read More
Serious Questions Raised Over TEAC Inter Company Loans, Will ASIC Investigate?
Australian retailers who stock TEAC products are today questioning the long term future of the business after the Company reported a loss... Read More
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UPDATE: Myer has received a ‘second strike’ against its remuneration report after its largest investor, billionaire Solomon Lew, successfully rallied other shareholders... Read More
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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
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The CEO of Adelaide based Powermove Distribution, Crawford Giles has hit out at industry speculation that his Company is under pressure. In... Read More
EXCLUSIVE: More Executives Quit Powermove, Brands Set To Be Next
Adelaide based distributor Powermove has lost another senior executive the third in the last two months, the Company is also facing the... Read More
Harvey Norman Slammed For Unregulated Lending
Harvey Norman has been slammed for for allowing ‘unregulated and unauthorised lenders” to openly operate in their overseas stores. One of these... Read More
Myer Shares Plunge, Dodgy Online Sales Revealed
Myer who last week slammed media for releasing poor secret sales numbers, has been caught out counting instore sales as online sales,... Read More
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
OS Black Friday Deals No Bargain Says New Research
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
Goldman Sachs Group who recently went back to reporting on Harvey Norman has issued a sell rating on the stock ahead of... Read More
JB Hi Fi A ‘Screaming Bargain’ Unlike Harvey Norman Claims Top Analyst
Despite being one of the most shorted stocks on the ASX Fund Managers still have an appetite for JB Hi Fi unlike... Read More
BREAKING NEWS: Myer Calls Trading Halt After ChannelNews Story & ASX Intervention
Troubled retailer Myer has denied it has breached its continuous disclosure obligations but they initiated a trading halt following our story on... Read More
Former Sony CEO Takes A Swipe At Arrogant Jap Company
Carl Rose the former CEO of Sony has taken a swipe at his old employer, indicating that they were not only an... Read More
ING Bank, Openly Engaging in ‘Self Employed’ Discrimination
If your self-employed, have minimum amount of debt and own millions of dollars in assets don’t even think of doing business with... Read More
Big Punt Failure, As Another Harvey Norman Investment Bites The Dust
If Gerry Harvey’s punting is anything like his recent investments he’s going to have a shocking day at the Melbourne Cup today... Read More
Harvey Norman Facing Real Risk, AGM Set To Be A Spark Fest
Harvey Norman Chairman Gerry Harvey is facing a real risk that shareholders could turn on him with demands for “truely independant” Directors... Read More
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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
Exposed, Harvey Norman Directors Forced To Dispose Of Questionable Stock
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
Shareholders at IPO hopeful Catch Group whose profits have fallen 90% in two years paid themselves $20M in 2018, this is double... Read More
EXCLUSIVE: Big W & Target To Mimmick Amazon Marketplace Online Battle Looms
An online battle between the Woolworths owned Big W and the Coles owned Target is set to break out in early 2019... Read More
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
Logitech Australia is one of those Companies that has successfully reinvented themselves moving into new markets and categories after several years of... Read More
Harvey Norman To Open 107 New Stores By 2020
Struggling to deliver growth in Australia Harvey Norman is turning to overseas and markets such as Malaysia where they plan to open... Read More
THe Good Guys Stores Sold
After netting $850M from the sale of The Good Guys to JB Hi Fi the Melbourne based Muir Family have now sold... Read More
Cygnett Hacked, NAB Audit, Retailers Warned
Retailers and distributors who trade with Cygnett have been warned of a major data breach involving the NAB Bank with partners told... Read More
PC Subscriptions For Millennials, Why Retailers Need To Copy What Lenovo Are Doing
COMMENT: Lenovo’s decision to move to a subscription model is very smart and one that I believe is the future for the... Read More
EXCLUSIVE: Lenovo Consumer Business Unprofitable, Move To Online Subscription Model
PC giant Lenovo is set to implement a radical new subscription based direct sell structure in an effort to lift sales in... Read More
BREAKING NEWS: Winnings Quits NARTA?
In a shock decision, sources are claiming that appliance retail group Winnings has chosen to quit NARTA after the buying group tried... Read More
EXCLUSIVE: Aqipa To Launch White Label B2B Site, 10,000 SKU’s Available
Austrian distributor Aqipa Gear Guru who last year bought into the Australian market is set to launch a new online platform that... Read More
TPG, Vodafone Merger No New Debt, Script Deal Tipped
One of the big talking points among phone brands at IFA 2018 in Berlin is the potential merger of TPG and Vodafone... Read More
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As TPG and Vodafone look to merge is what is set to be a $33 billion-dollar deal, Optus is believed to be... Read More
As Alienware Wobbles Dell Faces Enterprise Fight
Dell whose Alienware PC gaming business has come under pressure from a surging Acer, is now facing a tough battle as they... Read More
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
EXCLUSIVE: Samsung Moves To Sell New Note 9 Direct $300 Discount Offered
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
CE Sales To Grow, AI, Voice, Smart Speakers & New Gen Wireless Big Drivers
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
Twitter Stock Plunges After Monthly User Drop
Twitter shares have taken a beating after the social media company announced its daily monthly users had dropped and will probably continue... Read More
Facebook Hit With Lawsuit After Historic Stock Plunge
Facebook and its CEO Mark Zuckerberg are facing a lawsuit over his company’s historic stock market plunge where it lost close to... Read More
Toys R Us Shutting Its Doors In August
Toys R Us will be shutting the last of its retail stores in early August following the company’s voluntary administration in May.... Read More
Facebook Shares Tumble 23% After Privacy Saga
UPDATE Facebook shares have plummeted a further 23 per cent after close from the company admitting to its growth slowing down. This... Read More
Microsoft Shares Jump Again – But Apple Remains Top Dog
Shares in Microsoft jumped US$1.70 on the Nasdaq exchange yesterday, closing the official day’s trading at US$107.90 after touching $108.14. This gave... Read More
Microsoft Shares Jump 5% From Historic Revenue
Microsoft shares jumped 5 per cent after the news the company hit US$100bn in yearly revenue for the first time in the... Read More
