Retail Trends 2017

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New press offices

Mpact Plastics has opened a press office on!

Mpact is a leading producer of rigid plastic packaging, producing a range of plastic packaging products for a variety of industries. Products include: PET preforms, bottles, jars, closures; FMCG containers; plastic containers; styrene, PET trays, and cling film.

Crookes Brothers might be ripe for the picking

Multinational food processing and retailing company Associated British Foods swallowed SA's biggest sugar industry player, Illovo, in May last year. Crookes Brothers now stands out as another highly attractive potential target...

7 hours ago

SA cities first in Africa to be included in GDS-Index

The Global Destination Sustainability Index is an innovative new way to measure the level of sustainability cities offer to MICE events (Meetings, Incentives, Conventions, and Exhibitions) industry...

3 hours ago

Trade mark registration: Truworths no longer has "the look"

Ackermans has recently been successful in a precedent setting trade mark dispute against Truworths which was heard by the Supreme Court of Appeal. The trade mark at the centre of the dispute was “THE LOOK”...

By Janine Hollesen 3 hours ago

How being sceptical paid off for Massmart

The company says its cautious strategy in the rest of Africa is proving to be the right approach...

By Adele Shevel 7 hours ago

Young Gun Films make magic for new Opel Mokka X

Up-and-coming Cape Town film mavericks Young Gun Films recently got the chance to weave their cinematic magic on the launch of the new Opel Mokka X...

Issued by Young Gun Films 5 hours ago

French group Essilor to buy Ray-Ban maker Luxottica

PARIS - French lensmaker Essilor said Monday it has agreed to buy Italy's Luxottica, maker of Ray-Ban sunglasses, in a bid to create a new global giant in the sector...

2 hours ago

Busier malls help New Frontier profit

The Rebosis subsidiary will look for opportunities in mainland Europe likely to include non-retail assets...

2 hours ago

Richemont sales growth returns

Luxury goods company issues upbeat trading update on first sales spike since August 2015 period as global jewellery demand rises...

By Colleen Goko 6 hours ago

Woolworths' nightmare after Christmas

Retailer says exclusion of Boxing Day from first-half figures is partly to blame for lacklustre sales growth...

By Robert Laing 3 days ago

Astral Foods projects a poultry catastrophe if Eskom cuts off defaulting councils

The company warned that Eskom would disconnect power supply to the municipality indefinitely if the situation did not improve - so 11.5-million chickens would not be fed daily...

By Mark Allix 3 days ago

Price of major food commodities fall for fifth year in a row

"Economic uncertainties, including movements in exchange rates, are likely to influence food markets even more so this year."

3 days ago

How can Woolworths shake off the doldrums?

The just-released trading update from Woolworths points to 2017 being another extremely tough year for a group that was, until as recently as the end of 2015, one of the darlings of the investment community...

By Ann Crotty 3 days ago

Woolworths update bodes ill for sector

There are further signs of trouble in SA's struggling retail sector, with Woolworths releasing a poor trading update that analysts say can only be a bad omen for the rest of the retailers still to release their Christmas figures...

By Colleen Goko 3 days ago

#BizTrends2017: Craft spirits - the makers, the flavours, the stories

Simone Musgrave, founder of Musgrave Gin, pioneered the pink gin trend in South Africa after finding a niche in the market whilst working as a trend forecaster...

By Simone Musgrave 3 days ago

Kees van der Westen visits Coco Safar SA

Kees van der Westen, described as the Da Vinci of espresso machines, was in Cape Town for the first time on 12 January 2017 to visit Coco Safar SA...

3 days ago

Truworths 26-week sales rise 21% but earnings drop marginally

On Thursday Truworths International reported a 21% rise in retail sales to R10.2bn for the 26-week period that ended on Christmas Day...

3 days ago

Richemont benefits from Christmas spending

Luxury goods group says women's fashion brand Chloé, fountain pen and watchmaker Montblanc and men's clothing brand Peter Millar performed well...

By Robert Laing 3 days ago

Amazon to pay Canada fine over pricing practices

MONTREAL - The Canadian branch of US online retailer Amazon will pay Can$1.1 million ($836,967) over allegedly misleading pricing on its website, the government said on Wednesday...

3 days ago

Surprise uptick at factories

A recovery in agricultural output and the uptick in the mining sector could support demand going forward, BER economists predict...

By Asha Speckman 3 days ago

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