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Woolworths manages to grow after-tax profit

A late winter depressed clothing sales, but retail chain Woolworths still managed to grow after-tax profit 40% to R4.35bn, it reported on Thursday morning...

By Robert Laing 26 Aug 2016

Skip Fashion Exchange drives sustainability in the fashion industry

The Skip Fashion Exchange, featuring as a pop-up shop at Melrose Arch from 9am - 6pm on 26 August to 4 September 2016, offers participants a unique chance to exchange their high-end clothes for premium replacements. Amanda Du Pont, Palesa Mahlaba and Roxy Burger have all contributed to the exchange, so there are some celebrity fashion items in the mix.

25 Aug 2016

Truworths boosts full-year earnings through entry into UK consumer market

Truworths' leap into the UK retail sector propelled its full-year earnings into double-digit growth, but the market was unimpressed, sending its share price plummeting 8.2%...

19 Aug 2016

Euro 2016 boots Adidas sales higher

BERLIN - A year of high-profile sports sponsorship has so far paid off for Adidas, with sales at its core brand up 25 percent thanks to events including the Euro 2016 football tournament...

5 Aug 2016

Simons joins Calvin Klein as chief creative officer

NEW YORK - Former Christian Dior designer Raf Simons has been appointed Calvin Klein's new chief creative officer and will debut his first collections for the fall 2017 season, the US label announced on Tuesday...

4 Aug 2016

Bigger Rextru stake eludes Golding and Roberts

Empowerment pioneer Marcel Golding and well-heeled investor Hugh Roberts have failed to sew up a significantly bigger stake in fashion retailer Rex Trueform (RexTru)...

By Marc Hasenfuss 27 Jul 2016

Truworths: UK shoe will pinch

While Truworths' entrance into the UK consumer market proved a boon for the retailer in the year to end June, the region is unlikely to provide another fillip, in the wake of Brexit...

By Colleen Goko 25 Jul 2016

Cash sales spike boosts Truworths

Truworths has not changed credit-approval criteria at its stores, even as cash sales have accelerated noticeably for the year to June 2016. New acquisitions added to the momentum, more than doubling cash sales...

By Moyagabo Maake 19 Jul 2016

Edcon announces executive shake-up

Edcon announced on Monday that it was bidding farewell to some members of its executive management team and introducing new ones amid a restructuring of the retailer's operations...

By Colleen Goko 19 Jul 2016

Truworths sales growth improves on year-earlier period

Truworths reported double-digit sales growth for the year to end-June, boosted by the acquisitions of the Office Group, Earthchild and Naartjie...

By Colleen Goko 18 Jul 2016

Woolworths increases sales in face of souring consumer confidence

Despite rising sales, Woolworths's full-year trading update was met with a cold shoulder on Thursday, after it reported a performance that fell below analysts' expectation...

By Colleen Goko 15 Jul 2016

New cushion range supports skills development NPO

A new cushion range, Scatterloader, which supports a skills development NPO, is now available from online fashion store

12 Jul 2016

Edcon debt plan gets nod from lenders

Edcon CEO Bernie Brookes says he is confident about the group's future after the retailer secured support from its bondholders and bank lenders to obtain R1.5bn in bridge financing...

By Colleen Goko 11 Jul 2016

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