Frasers boosts stake in MySale target

17th Oct 2022 10:19

(Sharecast News) - Frasers Group urged MySale shareholders to accept its £14m takeover offer on Monday, after the British retailer bolstered its stake in the Australian firm.

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MySale recommends shareholders accept Frasers bid

12th Oct 2022 15:07

(Sharecast News) - Australian fashion marketplace MySale said on Wednesday that it now recommends shareholders accept a takeover offer from Frasers Group, even though it undervalues the business.

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MySale chairman stands down with immediate effect

16th Sep 2022 09:16

(Sharecast News) - Online retailer MySale has rejected a takeover bid from Mike Ashley's Frasers Group, stating it does not consider the terms of the deal to be "fair" or "reasonable".

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Frasers Group tables all-cash offer for Australian rival MySale

17th Aug 2022 13:35

(Sharecast News) - Frasers Group tabled an all-cash offer for its smaller Australian rival MySale in a bid to grow its presence Down Under.

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MySale plunges as stock glut slashes cash

15th Feb 2022 08:39

(Sharecast News) - MySale lost more than a third of its value after the troubled online retailer said it was considering options to manage its working capital after an inventory glut slashed its cash holdings.

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MySale chief financial and operating officer resigns

29th Dec 2021 08:55

(Sharecast News) - AIM-listed online retailer MySale said on Wednesday that chief financial and operating officer Mats Weiss has resigned with immediate effect for personal reasons.

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MySale beats market expectations on full-year earnings

5th Oct 2021 15:49

(Sharecast News) - Australia and New Zealand-focussed online retailer MySale reported a "materially-improved" underlying profitability and strong operational performance in its final results on Tuesday, as revenue slipped to AUD 117.9m (£63m) from AUD 131m.

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MySale flags underlying earnings ahead of expectations

21st Jul 2021 15:04

(Sharecast News) - Online retailer MySale reported group underlying EBITDA ahead of market expectations in a trading update on Wednesday, at AUD 4.2m (£2.25m), making for an improvement of AUD 6.9m from the loss of AUD 2.7m it recorded in the 2020 financial year.

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MySale trades in line despite Covid-19 disruptions

29th Jul 2020 11:09

(Sharecast News) - Online retailer MySale traded in line with management expectations during the second half of its financial year, returning to positive underlying earnings in the final quarter despite the Covid-19 pandemic.

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Director dealings: MySale director makes share purchase

27th Jan 2020 16:34

(Sharecast News) - MySale Group revealed on Monday that non-executive director name Dow Famulak had purchased 1.1m ordinary shares in the AIM-listed apparel retailer.

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MySale Group losses deepen as restructuring takes toll

5th Dec 2019 10:53

(Sharecast News) - MySale Group on Thursday reported a wider annual loss as revenue dived and margins were slashed amid restructuring efforts.

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MySale raising ?10m as it focuses on 'leaner' Australasian operation

20th Aug 2019 09:32

(Sharecast News) - Online retail company MySale announced the outcome of its strategic review and a proposed placing on Tuesday, to be executed by way of an accelerated bookbuild to raise a minimum of £10m before expenses, via a conditional placing of new ordinary shares at a price of 2p each.

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MySale puts itself up for sale, launches strategic review

24th Jun 2019 10:41

(Sharecast News) - Australian online retailer MySale said on Monday that it was putting itself up for sale as it announced the launch of a strategic review.

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MySale disposes of principal UK trading site

3rd May 2019 08:41

(Sharecast News) - Online retailer MySale has agreed to sell the trade and assets of its Cocosa.co.uk unit to Brandalley for a total of £1.5m.

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MySale swings to a loss after Aussie tax changes

8th Feb 2019 08:19

(Sharecast News) - Online retailer MySale expects the first half of its trading year to result in a loss due to inventory issues and recent changes to Australian goods and services tax regulation.

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