SOUTH AFRICA

US retail chain Sears files for bankruptcy

US retail giant Sears has filed for bankruptcy and plans to close almost 150 stores...

16 Oct 2018

SOUTH AFRICA

Versace acquisition: Michael Kors needed to boost its credibility to make it in the luxury market

By acquiring the prestigious Italian fashion house, Versace, American group Michael Kors enters the luxury world, despite a lack of experience in the sector...

By Stéphane J. G. Girod 15 Oct 2018

SOUTH AFRICA

IBM Food Trust launches worldwide with Carrefour on board

European retail giant Carrefour has joined other participants involved in building the IBM Food Trust blockchain network...

11 Oct 2018

SOUTH AFRICA

Michael Kors grows luxury portfolio with $2bn Versace acquisition

One year after buying Jimmy Choo, US fashion company Michael Kors is acquiring Italian luxury goods house Versace for $2.1 billion...

By Lauren Hartzenberg 25 Sep 2018

SOUTH AFRICA

Coca-Cola's swoop for Costa Coffee will cut its exposure to sugar and plastic bottles

Coca-Cola's £3.9 billion acquisition of Costa Coffee has made quite a ripple. Atlanta-based Coca-Cola is obviously best known for its soft drinks portfolio, found in supermarkets, kiosks, hotels, bars and restaurants around the world...

By John W Walsh 11 Sep 2018

SOUTH AFRICA

SA payments startup Yoco raises $16m in funding

South African-based Point of Sale payments provider, Yoco, has raised $16million in a Series B funding round led by Partech, a venture capital firm based in Silicon Valley...

7 Sep 2018

SOUTH AFRICA

From breast implants to ice cube trays: How silicone took over our kitchens

One of my ice cube trays is a small, yellow novelty tray that, when placed in the freezer, molds water into little duck-shaped pieces of ice...

By Kiersten Muenchinger 31 Aug 2018

SOUTH AFRICA

Dr. Oetker to acquire baking brand Wilton

German-based food conglomerate Dr. Oetker is set to purchase Wilton Brands, a US baking, cake decorating and candy making brand...

21 Sep 2018

UNITED STATES

4 reasons to consider using drop-shipping for your e-commerce store

Drop-shipping is an increasingly popular strategy for order fulfillment where the retailer does not hold products in inventory, but rather, relies on manufacturers or wholesalers to send the orders out to customers...

By Boris Dzhingarov, Issued by Monetary Library 12 Sep 2018

UNITED STATES

What products use industrial reinforced fiberglass?

Plastic is known for being easily moldable to just about any shape or configuration, but it is not exactly famous for its strength. That changed when companies started reinforcing plastic with fiberglass...

By Boris Dzhingarov, Issued by Monetary Library 12 Sep 2018

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