Facing the COVID-19 pandemic, Matt Blatt commenced a sales process, opting to close the physical stores in late March 2020. Therefore, Kogan purchased the company for USD 4.4 million and re-launched it as an ecommerce business, featuring a larger assortment of products online than it had in the past, Financial Review stated.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.