‘Difficult decision’:Kogan.com bumps up prices on loyalty members despite triple profit

‘Difficult decision’:Kogan.com bumps up prices on loyalty members despite triple profit

Kogan.com founder Ruslan Kogan has increased the price of its subscription program made up of its most loyal and repeat customers despite the e-commerce company’s profit of $10.2 million in the first half of the financial year.

  • byJessica Yun

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Kogan in ‘position of strength’ despite sales drop
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Retail

Kogan in ‘position of strength’ despite sales drop

Shares in the online retail platform advanced on Wednesday after it confirmed it had successfully cut inventories.

  • byEmma Koehn
Kogan puts $24 million loss behind it as shoppers hunt value

Kogan puts $24 million loss behind it as shoppers hunt value

The e-commerce marketplace has been forced to make steep price cuts and sell some products at a loss as the COVID rush wears off.

  • byEmma Koehn
Thousands of Brosa customers without orders despite sale to Kogan

Thousands of Brosa customers without orders despite sale to Kogan

The sale of the furniture operator to Kogan was hailed as a win for existing customers,but not everyone will get their orders after the administration process is complete.

  • byEmma Koehn
Shoppers turn away from household goods but overall spending surges

Shoppers turn away from household goods but overall spending surges

Household spending jumped 11.4 per cent in the year to November 2022,but spending on furniture and home equipment slumped.

  • byEmma Koehn
Kogan rescues furniture operator Brosa from collapse

Kogan rescues furniture operator Brosa from collapse

The online retail pioneer is branching out further into the world of furniture.

  • byEmma Koehn
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‘Sales are very strong’:Harvey Norman optimistic on consumer spending

‘Sales are very strong’:Harvey Norman optimistic on consumer spending

Trading updates from major retailers including Harvey Norman suggest spending on home goods is still robust.

  • byEmma Koehn
‘Cop them on the chin’:Kogan ready to move on from pandemic mistake

‘Cop them on the chin’:Kogan ready to move on from pandemic mistake

The online retail pioneer will chase frugal shoppers as it looks to cut costs after mistakes with product inventory tipped it into a full-year loss.

  • byEmma Koehn
Budget-conscious shoppers on Kogan’s radar

Budget-conscious shoppers on Kogan’s radar

Ruslan Kogan says his online retail group has cleared the decks of excess inventory and will thrive in a tough consumer environment.

  • byColin Kruger
Can online retailer Kogan relive its COVID glory days?

Can online retailer Kogan relive its COVID glory days?

Ruslan Kogan’s online retailer has come a long way since it was first founded in a garage back in 2006.

  • byDominic Powell
Kogan shares,sales and profits sink as consumer demand crumbles

Kogan shares,sales and profits sink as consumer demand crumbles

Shares in online marketplace Kogan have sunk to three-year lows after the retailer reported a downbeat start to the new financial year.

  • byDominic Powell