MySale has released a trading update covering the 6 months ended 31 December, indicating that the full year outcome will be in line with market expectations, which were revised on 11 December. The principle challenge they experienced was greater than anticipated market disruption, and execution challenges, after the new sales tax rules were introduced in Australia, MySale’s largest market (>75% of sales). This was exacerbated by the product mix, and an insufficient proportion of own-buy inventor ....
