Shares in Accent Group, a footwear retailer operating brands like Platypus, Hype DC, and Athlete's Foot, experienced a significant drop of over 12% on the ASX. This occurred after the company disclosed that its chief executive is under investigation for suspected insider trading. The company has over 400 stores across Australia and New Zealand. The news was reported on May 4, 2026, by Lachlan Colquhoun.