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![Kogan [ASX:KGN] Eyes Up Return to Profitability - Vimarsana News](https://vimarsana.com/images/vimarsana-bigimage.jpg)
Kogan is optimistic FY23 will be a profitable year. With inventories stunted by COVID now mostly reconciled, the group has already begun the year on a high note with a profitable January.
NewdatafrompaymentnetworkcompanyWorldlineshowedNewZealanders'BoxingDayspendingreachedrecordheightsthisyear,withconsumersspending$100.5millionatcoreretailmerchants,up2.6percentonlastyear.
While Boxing Day spending reached record heights, it was overshadowed by the amount spent in the lead-up to Christmas.
Macquarie chief Shemara Wikramanayake is Australia’s best-remunerated boss for the second year in a row this year, with earnings of $23.7 million.
Business Scoop provides news and views on Business and Markets from New Zealand