How a Reddit army brought a lingerie icon back from the dead

How a Reddit army brought a lingerie icon back from the dead
Bendon, the maker and purveyor of lingerie and swimwear, had hoped to take its brands to the US. (Image: Getty)
Australian Financial Review
Temperatures were near freezing in January and the strict covid-19 lockdowns in Anna’s European hometown meant the 30-something retail investor was spending hours glued to her screens.Anna works in education by day but often spends extra hours searching for penny stocks worth betting on. In the days after Christmas her screen, and those of countless others around the globe, had started to hum with activity.A movement of retail traders was coalescing around the idea that money could be made from taking down Wall Street hedge funds. All the...

More Finance

PEP seeking payday from UP Education
Finance

PEP seeking payday from UP Education

UP Education is a NZ success story in Australia.

Pattrick Smellie 23 Apr 2025
FNZ extends controversial catch-up offer
Finance

FNZ extends controversial catch-up offer

Fintech FNZ has extended its deadline for “catch-up” equity offers, as employee shareholders say discontent grows.In March, the global fintech offered its class B shareholders a “catch-up” offer after it revealed their holdings could be massively diluted following its August capi...

Victoria Young 16 Apr 2025
The cost of over-regulated banking: $10b to $14.4b a year
Finance

The cost of over-regulated banking: $10b to $14.4b a year

Critics claim a huge annual cost from 30 years of regulatory creep.

Pattrick Smellie 16 Apr 2025
Blackbull backs Eden Bradfield into Elevation funds
Finance

Blackbull backs Eden Bradfield into Elevation funds

The Christopher Swasbrook-established fund gets new investors and portfolio manager.