British retail sales rise in May

LONDON: British retail sales rose in May from the previous month, helped by demand for food, household goods and petrol, official data showed Thursday, 18 June. Sales by volume increased 0.2% last month compared with April, the Office for National Statistics (ONS) said in a statement. That...

22 Jun 2015

Zara owner Inditex sees surge in profits as sales rise

MADRID: Spanish global clothing giant Inditex, owner of the Zara brand, on Wednesday reported a 28% surge in quarterly profits thanks to rising sales. The first quarter net profit of 521 million euros ($589 million) was better than expected by analysts quoted by financial data firm Factset, who...

10 Jun 2015

Province Lighting/Automation/Switching expands

Province Lighting/Automation/Switching, specialised SABS-approved, commercial, industrial, retail and architectural lighting solutions, has expanded and recently opened up two new outlets in Johannesburg and Windhoek, Namibia. The Johannesburg outlet focuses on the commercial, industrial and...

27 Mar 2015

Spur acquires Hussar Grill for $33m
Spur acquires Hussar Grill for $33m

Ventures Africa reports that Spur has acquired Hussar Grill, a steakhouse chain based in the Western Cape, for R35 million (US$3.3m). According to the report, the cash deal's effective date is 1 January 2014. For more: Ventures Africa: Spur acquires Hussar Grill for $3.3m......

13 Dec 2013

TBWA\ Angola engineer flashmob
TBWA\ Angola engineer flashmob

Grocery shopping in Angola recently took a turn from the mundane when shoppers were surprised with a flashmob. TBWA\ Angola engineered the guerilla-marketing stunt for Cerveja CUCA, a local beer manufacturer in the Angolan market. Unsuspecting onlookers were treated to an energetic flash dance...

2 Jul 2012

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