finance (general) Kogan buys furniture trader Matt Blatt Online retailer Kogan has acquired furniture chain Matt Blatt for $4.4 million, and is relaunching it as an e-commerce site.

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finance (general) Kogan buys furniture trader Matt Blatt Online retailer Kogan has acquired furniture chain Matt Blatt for $4.4 million, and is relaunching it as an e-commerce site.

Online shopping trader Kogan has bought family-run furniture and homewares company Matt Blatt for $4.4 million and plans to operate the business as an e-commerce firm. Matt Blatt, which sourced its replica products from Asia, collected $46.5 million in revenue last financial year, and up to 25 per cent came from online sales.

Posted: 2020-05-15 07:08:00

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