Catch Inc July 2025 News

Catch Inc July 2025 News. LIVE UPDATES Day 6 filing of COCs for 2025 elections Gabby Leibovich was the co-founder of Catch Group, which when sold appeared to be struggling with Catch reporting a loss of $4.3m in fiscal 2018, down from a loss of just over $17m in 2017. Wesfarmers, the company behind Kmart and Target have announced that it is closing down Catch.com.au (previously known as Catch Of The Day) in March

Walmart May 30 2025 Layla H Isles
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Catch reported a loss of $96 million for FY24, including $23 million in restructuring costs and a non-cash impairment to Catch's brand value In January 2025, Wesfarmers announced that Catch would cease to trade as a standalone operating business in the fourth quarter of the 2025 financial year

Walmart May 30 2025 Layla H Isles

Catch is expected to report an operating loss of between $38 million and $40 million for the first half of the 2024-2025 financial year, Wesfarmers said. The company said that Catch became less viable as competition in the deals sector heated up from the likes of Amazon, Kogan and MyDeal (Woolworths). Excluding these costs, EBT losses improved by $50 million compared to the prior year, and losses in the second half were lower compared to the first half following "significant actions" to reset the operating model and cost base.

Catch Inc July 2024 Calendar Zelma Katuscha. In January 2025, Wesfarmers announced that Catch would cease to trade as a standalone operating business in the fourth quarter of the 2025 financial year Catch's e-commerce fulfilment centres will be transferred to Kmart Group, while select digital capabilities developed in Catch will be transferred to Wesfarmers' retail divisions

Catch Inc July 2024 News Fancy Clerissa. Excluding these costs, EBT losses improved by $50 million compared to the prior year, and losses in the second half were lower compared to the first half following "significant actions" to reset the operating model and cost base. The CATCH CIRC Program recently teamed with the Department… Read More