Lululemon Can’t Sell Fitness Gadget Mirror, Despite 90% Markdown
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June 23, 2023
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Athletic apparel company Lululemon paid A$740 million for fitness tech gadget Mirror during the pandemic-driven home fitness boom, but is struggling to... Read More
Zoom’s Local Boss Quits Amid Mass Firings
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February 23, 2023
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Zoom’s head of Australia and New Zealand Michael Chetner, has quit the top post during a tumultuous period that will result in... Read More
Financial Climate Impacts Vinyl Revival
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February 13, 2023
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Vinyl music sales more than doubled in Australia in the past decade. The concern now is if the boom can last –... Read More
US Digital Entertainment Market Grows, DVD/BD drops
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February 13, 2023
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In the US in 2022, with Pandemic lockdowns in full effect, the digital home entertainment market grew 14 per cent, while DVD... 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
Oz Watchdog To Probe Stevedores’ Surging Pandemic Profits
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December 12, 2022
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The operating profit margin of Australia’s container stevedoring industry has jumped by 14 per cent since the start of COVID-19. The ACCC’s... Read More
Zoom Adds Email, Calendar As It Pushes Past Pandemic
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November 9, 2022
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Zoom has had a rollercoaster ride since the pandemic sent it viral, posting 369 per cent growth in the March 2020 quarter,... Read More
Amazon Axes ‘Pandemic-Era’ Videophone For Kids
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October 6, 2022
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Amazon is discontinuing kids’ video calling device Glow, after just six months on the market. The Amazon Glow was revealed during the... Read More
Chinese Researchers Develop Mask That Detects COVID-19
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September 20, 2022
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Scientists in China have developed a facemask that is able to detect exposure to COVID-19 and the Flu. The new mask boasts... Read More
Chinese Appliance Suppliers Facing Major Problems
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September 19, 2022
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Some of Australia’s largest Chinese appliance Companies are facing mounting supply problems with swollen inventories causing problems. Chinese brands such as Haier,... Read More
