Kogan Losses Double To $28.3M, Revenue Down 34%
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February 27, 2023
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Kogan has posted a $28.3 million loss during the first half of FY23, although the struggling retailer insists it is profitable again.... Read More
Shaver Shop Sees Record Sales As Customers Return To Stores
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February 21, 2023
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Shaver Shop has seen an increase in sales and net profit driven by the return of shoppers to its brick-and-mortar outlets. The... Read More
Stockland Profits Down 65%, Market “Remains Uncertain”
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February 21, 2023
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Shopping centre owner Stockland has posted just $301 million in first-half profits, a 65 per cent drop from the $850 million the... Read More
Coles Appoints First Female CEO
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February 21, 2023
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Coles has appointed Leah Weckert as its new CEO, the first female in the top role since the company founded in 1914.... Read More
Zoom Cuts 1,300 Jobs As Pandemic Glow Fades
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February 8, 2023
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The honeymoon is over for pandemic pal Zoom, with the company announcing it will cut 15 per cent of its workforce, some... Read More
iPhone Maker’s Revenue Jumps 48% As China Recovers
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February 7, 2023
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Foxconn, the world’s largest iPhone assembler, saw its January revenue leap 48.15 per cent year-on-year, as pandemic-led disruptions in its Chinese factories... Read More
Sony Moves 90% Of Camera Production Out Of China
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January 31, 2023
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Sony has moved production of cameras sold in the US, Japan, Australia, and Europe away from China, as it continues to lessen... Read More
David Jones Sales Jump 31% As Foot Traffic Returns
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January 20, 2023
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David Jones saw a 2.3 per cent increase in sales over the last six weeks of 2022, a good omen for the... Read More
Amazon Axes 18,000 Workers In Mass Cull
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January 5, 2023
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Amazon’s CEO has confirmed roughly 18,000 employees will be culled in the company’s biggest ever round of layoffs. Teams working on hardware... Read More
Oz Population Growth Two Years Behind Schedule
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January 4, 2023
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Australia’s population will reach 30 million some two years behind schedule, with pre-COVID predictions now expected to be some 1.2 million people... Read More
