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Kogan's share price dipped 10.4 percent today when trade opened this morning. Here's what is driving the sudden change for the online leader.
Kogan is reporting strong growth following a 'record-breaking' December and Cyber Weekend.
The Federal Court has found Kogan's 'Tax Time' online promotion has breached the Australian Consumer Law by "making false and misleading representations about a tax time sales promotion", in proceedings brought by the ACCC.
Matt Blatt has closed its doors, with customers accusing the copa. This comes as Kogan acquired the company's assets in mid-May for $4.4 million.
Kogan has made a huge profit during the pandemic, resulting in a $115 million capital raise.
Many Australian pureplay retailers have taken to TV to showcase the brand - Power Retail asked media experts to discuss three of the most popular advertisements from pureplay retailers in Australia.