Retail

Koala’s long-awaited ASX debut is notable not just for its timing, but for what it says about changing investor views on founders who have failed before.

In an interview with Capital Brief, the one-time Milkrun boss said Koala’s second, smaller attempt at an ASX float was a ‘pragmatic’ decision amid unruly market turbulence.

The former Virgin Australia boss struck an impatient tone in the wake of her first earnings day with the drinks retailer, as a lower half-year profit sent shares tumbling.

Guzman y Gomez co-CEO Steven Marks has flown to Chicago to oversee the US rollout as analysts push for an exit. He tells Capital Brief he’s holding firm.