Markets

TOO PRICEY: Kogan shares dive 16% on first day of trade

Shares in online retailer Kogan.com dropped 16% in the first day of trading on the ASX today. The $1.80 shares, said to be oversubscribed in the initial public offering, opened steady but then slipped to $1.72 and later closed at $1.50. At that price the company started by Ruslan Kogan […]
TOO PRICEY: Kogan shares dive 16% on first day of trade
Lifestyle

Moet Hennessy is closing down its online store

Luxury goods retailer LVMH is shutting its online retail store, the Moet Hennessy Collection, at the end of the month. The site, which sells everything from prestige champagnes such as Krug, Dom Perignon, Moet & Chandon and Veuve Clicquot, to Cloudy Bay and Cape Mentelle wines, Ardbeg whiskey, Belvedere vodka […]
Moet Hennessy is closing down its online store