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Retail

Fashion and food trends

Last week saw the release of Brand Finance's Top 50 most valuable South African brands, as well as the opening of Mercedes-Benz Fashion Week Cape Town. If you missed the fashion shows, check out some of the creations from KLuK CDGT's collection here.

While a lack of sales is an obvious reason for the failure of small businesses, Brad Sugars looks at the reasons behind poor trade.

Speaking of sales, Woolworths has finally been granted the unconditional purchase of the Australian Country Road brand.

And finally, in research, Philips has released its research report on eating trends and favourite foods during Iftar, throughout the month of Ramadan. Eid Mubarak to all our Muslim readers!

Shan Radcliffe, Group Head - Retail (@Biz_Retail)
Image: KLuK CDGT show at the opening night of Mercedes Benz Fashion Week 2014 at the CTICC.

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Banking & Finance
Vodacom boosted by international growth

Samuel Mungadze

Vodacom (VOD)‚ South Africa's largest mobile operator by subscriber numbers‚ on reported fast growth outside of its domestic market‚ offsetting stagnating growth at home in the June quarter. Read more >>

Brand News
Spur sells food worth R5.5bn in a year
Restaurant group Spur Corporation increased total restaurant sales by 13.5% to R5.5bn in the year to end June‚ the group said in a sales update on Monday. Read more >>

Manufacturing
Samsung to build R220m TV factory in Durban
Electronics giant Samsung is set to pump hundreds of millions into the South African economy when it builds a manufacturing plant in Durban later this year. Read more >>

Hulamin makes R130m on R4.6bn revenue
Aluminium manufacturer Hulamin has delivered a 42% increase in normalised earnings to R130m in the six months to June‚ boosted by the weaker rand. Read more >>

Research
GfK adds additional African countries to global consumer survey
GfK, a global market research company, researches and produces an annual syndicated study called 'The Roper Reports Worldwide'. This is an annual quantitative consumer trends study conducted in 25 countries... Read more >>

Retailers
Woolies' feud with Lew appears over

Nick Hedley

The tussle between Woolworths Holdings and Australian retail billionaire Solomon Lew appears to have finally ended, with Lew last week accepting Woolworths' offer for his long-held stake in Country Road, banking about R2.1bn in the process. Read more >>

Shoppers still flock to V&A
The second quarter trading figures reflect double-digit growth at Cape Town's V&A Waterfront, despite stormy economic times. Read more >>

Security
Curbing crime at Mall of the North
Launched by SAPS and shopping centres in Polokwane, a new initiative is aimed at creating a safer environment for Polokwane residents and visitors alike... Read more >>

Security a risk for 'Internet of Things'

Thabiso Mochiko

Not long ago cloud computing and "bring your own device" to work began to change the way businesses and individuals used technology. This is now expanding to include the concept of the "Internet of Things" (IoT). Read more >>


International

Bose sues Beats over headphone patents
SAN FRANCISCO, US: Audio technology veteran Bose Corporation on Friday sued Beats Electronics over patented technology for cancelling noise in earphones. Read more >>

PlayStation, Xbox butt heads at Hong Kong games fair
HONG KONG, CHINA: Fans dressed as Transformers, Iron Man and Jedi knights were among thousands at the first day of Hong Kong's comic and games expo, where Xbox and Playstation went head-to-head with their new consoles. Read more >>


More International


Africa

MasterCard now accepted in The Gambia
MasterCard and Guaranty Trust Bank Gambia (GTBank Gambia) has announced a collaboration that will broaden the acceptance of MasterCard payment cards in The Gambia. Read more >>


More Africa


Government

Taegrin's death should not be in vain, says premier
The death of four-year-old toddler, Taegrin Morris, should spur communities to fight crime, Gauteng Premier David Makhura said on Saturday. Read more >>

SA, Angola boost trade ties
South African businesses have been called on to take advantage of opportunities in Angola. Read more >>

EFF condemns coverage cut
The Economic Freedom Fighters say they are being excluded from the main programs of the public broadcaster. Read more >>

Unrepentant minister has faith in Motsoeneng

Quinton Mtyala and Jan-Jan Joubert

Communications Minister Faith Muthambi says she has filed an affidavit opposing the DA court bid to reverse the SABC board's decision to appoint Hlaudi Motsoeneng permanently as chief operations officer. Read more >>

Cross-border deals in Africa have legal challenges

More Government news


Jobs offered




New events to diarise

The Herald First Choice Kids and Baby Expo
Harwood Promotions - 3 Oct 2014 to 5 Oct 2014 Port Elizabeth


Upcoming events

Rhino Conservation Fundraiser
Open Mind - 28 Jul 2014 Cape Town

Grow your business expo
Funama Productions - 30 Jul 2014 Polokwane (Pietersburg)


Quotes

Sara Blakely
"I'd never worked in fashion or retail. I just needed an undergarment that didn't exist."

More quotes  Submit a Quote

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