2 Jul 2012 |
Retail | South Africa |
|
Retail, Associations, Banking & Finance, Brand news, Clothing & Textiles, Cold chain, Commercial property, CRM, CSI, Distribution, e-Commerce, Exhibitions & Events, FMCG, Franchising, Green sustainability, Health & Safety, Hospitality, Import/Export, Informal retailing, Instore, Logistics, Manufacturing, Merchandising, Packaging, Refrigeration, Regulatory, Research, Retail marketing, Retail services, Retail trends, Retailers, Security, Shipping & Transport, Shopfitting, Supply chain, Technology, Training, 2012 Design Indaba
|
|
|
Wine and dimesThere are few sounds I like more than that of the petrol price dropping. And we're in luck this week - so go easy on your gas pedal until Wednesday and you'll get 89c p/l off when next you fill your tank. In brand news this past week, Transnet appointed its new CFO and ventured into the international debt market; Famous Brands picked up a controlling share of Java Lava; CNA enabled online shopping via its website; and there are rumours about a transaction between Gresham Private Equity and Woolie's Aussie subsidiary, Country Road, but the retailer is keeping mum on that. Research this week tells us that consumers have become harder to please and prefer mobile internet. Indices point to a drop in the Kagiso PMI, while the PPI has remained stable. If you have some money to throw around (ok, a lot of money, as in fourth holiday house money) and are looking to indulge yourself, an Australian winery has released 12 bottles of a rare Cabernet Sauvignon at Aus$168 000 (almost R1.4 million) a pop. And just to make sure you don't decide to crack it open on a whim after a night of hitting the cheap stuff, these hand blown glass ampoules can only be opened by a specially-trained wine expert who will travel to wherever you are for the momentous occasion. It's not said whether the airfare is included in the price tag, but one would expect it. Although, if you have that kind of cash to blow on a bottle of wine, you probably have a private learjet parked in the garage. Have a wonderful week, folks! Shan Radcliffe, Retail editor
Please send retail news to: retailnews@bizcommunity.com
Responses to this column welcomed in our new online editor's column archive.
Image: FreeDigitalPhotos.netToday's top stories
Retail |  |
SYDNEY, AUSTRALIA: An Australian winery on Friday, 29 June 2012, unveiled 12 bottles of a rare vintage for sale at an eye-watering price of Aus$168,000 (US$170,350) each, which can only be opened by a specially-trained wine expert. Read more >>
Brand news
BRUSSELS, BELGIUM: Beer giant AB InBev on Friday, 29 June 2012, said that it would buy the half of Mexican firm Grupo Modelo, maker of Corona, which it does not already own for US$20.1 billion in cash (16.0 billion euros). Read more >>
Commercial property
JHI Properties KwaZulu-Natal has leased 11 000sqm of space in New Germany Industrial Park to the Dubai-based Darvesh Group, which operates in the packaging industry. The group's packaging operation trades in South Africa as Technovaa Packaging Industries. Read more >>
e-Commerce
 Following the revamp of its website, CNA now offers online purchases to consumers through use of their Edgars or Jet account card. Read more >>
Exhibitions & Events
Suncoast Casino hosts first Taste of DurbanThe Suncoast Casino will host the Pick n Pay Taste of Durban, in association with Orbit sugar-free chewing gum, 27- 29 July 2012. Over three days, this international restaurant festival will bring together the city's restaurants, chefs and exhibitors to attract Durban's foodies in an outdoor fine dining celebration. Taking part in the inaugural show are Café 1999, Hartford House, 9th Avenue Bistro, Havana Grill, Little Havana, Jewel of India, Simply Asia, Versailles and Max's Lifestyle Tavern.
Hospitality
 The Sky Lounge at the Cape Royale Luxury Hotel and Spa will soon have a new international venue, the NikkiBeach club concept, following a capital investment of over R4.5 million. Hospitality specialist, Urban Avantgarde, has acquired the portfolio and management contract of the development. Read more >>
Manufacturing
Manufacturing activity plunged to its lowest level since August 2011 in June‚ with new sales orders and business activity hit the hardest‚ a key survey showed today, 2 July 2012. Read more >>
Packaging
 At the recent Eurasia and Africa President's Sustainability Awards function that took place in Istanbul, Turkey, Peninsula Beverage Company (PenBev), local bottler of Coca-Cola products, was identified as one of the Top 10 bottlers out of 250 bottlers in the Coca-Cola Eurasia and Africa region. Read more >>
Research
[Zeenat Moorad] Consumers are now harder to define‚ understand‚ and please than ever before; and the majority of companies are struggling to take advantage of the opportunities available to them‚ a survey by Ernst & Young revealed on Friday. Read more >>
 LONDON, UK: Interbrand, one of the world's leading brand consultancies and author of the annual Best Global Brands Report, has released its 2012 Best Global Green Brands Report. Toyota (#1), Johnson & Johnson (#2), and Honda (#3) top the ranking with Danone (#9), Ford (#15), Starbucks (#36) and UPS (#43) representing this year's top risers. Read more >> More International...
Packaging
Nampak, Africa's largest packaging company, has announced that it has achieved a Level 3 BBBEE rating as certified by independent ratings agency, Empowerdex. This is up from Level 4 in the last two years. Read more >>
 It has been seven years in the making and through two rounds of public consultation, so the soon to be promulgated Tax Administration Bill shouldn't come as a surprise. Nevertheless, for many it will be just that. Read more >>
 The department of defence declined to comment on Friday on reports that it was finalising the purchase of a luxury VIP jet for President Jacob Zuma. However‚ there are suggestions that no such deal is on the cards. Read more >>
 Finance Minister Pravin Gordhan and the South African Revenue Services (SARS) Commissioner Oupa Magashula will launch the 2012 tax season in Pretoria today. Read more >> More Government news...
 Etihad Airways' has started its six flights a week service between the airline's Abu Dhabi home-base and the Nigerian city, Lagos. Read more >> More Travel news...
[Charles Siboto] No Country for Old Men, the title of the Cormac McCarthy novel and its Oscar winning film adaptation by the Coen brothers, echoes the trend I've been noticing in Hollywood for the last decade at least; all the old men (and, to a slighter degree, women) have left our "immoral" contemporary society and have gone to seek their fortunes in fantastical pasts that never were and space-age futures in distant galaxies that we hope will come to pass. Read more >> More BizLounge news...
Click here to customise your jobs section
- Pinhole workshop for teens Cape Town School of Photography - Cape Town, 3 July
- brandhouse Pitch & Polish - Rustenburg, 14 July
- E-marketing and social marketing - hospitallity Britefire - Cape Town, 17 July
- Nelson Mandela Day - 67mins of community service CL Willmot Primary School - Cape Town, 18 July
- Secure mobile device connectivity and management Web2Present - Barcelona, 19 July
- ABC problem solving course BMGI SA - Johannesburg, 23 July
- Feature writing - journalists Institute for the Advancement of Journalism (IAJ) - Cape Town, 24 July
- Wild Coast Jikeleza festival Wild Coast Jikeleza Association - East London, 28 July
- Policies and procedures Alusani Skills & Training Network - Johannesburg, 30 July
- Joshua Bell and KZN Philharmonic Orchestra KZN Philharmonic Orchestra - Durban, 1 September
Click here to customise your events section
"It's not hard to make decisions when you know what your values are. ( via Power to Change )" - Roy Disney
Print - Print any item in this newsletter.
Email - Email any item in this newsletter.
Comment - Comment on any item in this newsletter.
Sponsors:
|
|
Advertisement: ActivRetail-fmcg.co.za provides information on retail sector companies, their brands, products and services, plus an extensive range of information on related subjects including research, certification, regulations, and much more. |
|
New people on biz
PortalsMarketing & Media | South AfricaMarketing & Media | AfricaAgricultureArts & EntertainmentAutomotiveEducation & TrainingEnvironment & ConservationFinance, Accounting & BankingFishing & MaritimeGovernmentHealth & BeautyHuman Resources & RecruitmentIT & TelecommunicationsLegalLifestyleLogisticsManufacturingMedicalProperty & Real EstateRetailScience & TechnologyTourism, Travel & Hospitality
Follow us
|
|
|