Kogan’s gross sales decline, profit up amid shift to light-capital business
Inside Retail
JANUARY 23, 2024
Pureplay, listed online retailer Kogan said its gross sales fell in the first half of the current fiscal year amid inventory reduction as the company continues its evolution into a more light-capital business. In addition, the company noted its Kogan First loyalty program subscriber base rose 15.3 Kogan’s gross sales fell 5.6
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