
MySale continued to face tough times in the past six months with a trading update for the period to December 31 showing lower sales and an underlying loss.
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MySale continued to face tough times in the past six months with a trading update for the period to December 31 showing lower sales and an underlying loss.
Online retailer MySale has plunged to a A$58.2 million annual pre-tax loss after pivoting to an Asia-Pacific-focused model.
Buying House of Fraser and ultimately loss-making stakes in firms like Debenhams and MySale may have been a chastening experience for Sports Direct boss Mike Ashley, but it hasn't stopped him from looking for more buys.
A second key executive has quit Sports Direct, it has emerged, just a day after we heard that its long-time retail chief Karen Byers is leaving after 28 years.
Beleaguered MySale Group bowed to the inevitable on Monday and announced a strategic review of its operations that could result in the company being sold.
Mike Ashley-led Sports Direct International has exited its stake in Australian online retailer MySale Group, a filing showed on Monday.
MySale Group has finally made its mind up what it will do with the UK-based Cocosa operation - it’s selling it. The company has entered into an unconditional agreement to sell the website to Brandalley.
Cocosa owner MySale Group reported its half-year results on Tuesday and said it has implemented an action plan “to address key challenges and improve profitability.”
Cocosa owner MySale said on Friday that it saw “challenging trading in the first half” and anticipates an underlying EBITDA loss for the period.
MySale issued a profit warning on Tuesday with the Cocosa owner saying that it has seen “challenging conditions during its peak trading period.” And it's reviewing its UK business as it focuses on "ANZ-first".