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GLOBAL

The most valuable global retail brands for 2019

The results of the second annual BrandZ Top 75 Most Valuable Global Retail Brands have been revealed. The research shows that the world's most valuable retail brands are worth $339 billion more...

14 May 2019

SOUTH AFRICA

Richemont and Alibaba team up for luxury e-commerce venture

Richemont, owned by SA billionaire Johann Rupert, has announced a global strategic partnership with Alibaba Group which will see the launch of a luxury goods platform for the Chinese market...

29 Oct 2018

SOUTH AFRICA

Bottle stores help Spar counter slowing grocery sales growth

Double-digit liquor sales growth outweighed lower grocery sales for Spar in the year to end-September...

By Robert Laing 17 Nov 2017

SOUTH AFRICA

Luxury group Richemont sees 'exceptional' growth

ZURICH - Richemont, the world's second-largest luxury group, said Friday it had enjoyed exceptional profit growth in the first half of its financial year as the firm moved on from a costly buyback of its high-end watches...

13 Nov 2017

SOUTH AFRICA

Spar cuts dividend despite rising profit and revenue

Grocery chain Spar cut its interim dividend by 6% to R2.40 from the matching period's R2.55, despite growing revenue and profit...

By Robert Laing 1 Jun 2017

SOUTH AFRICA

Expansion into Switzerland lifts Spar

Group says the performance of Build It continues to defy pressure on consumer spending, with retail sales and same-store growth both increasing

16 Nov 2016

SWITZERLAND

Smaller cars may boost European recovery

GENEVA , SWITZERLAND: Car manufacturers launched a range of smaller, nimbler cars to tempt cash-strapped consumers in a recovering European market, with compact vehicles taking centre stage at the Geneva Motor Show.

5 Mar 2014

SWITZERLAND

Nestle says tough year coming

VEVEY, SWITZERLAND: Swiss-based food giant Nestle warned on Thursday (14 February) that business was likely to be tough this year, after its 2012 results showed a slowdown in growth in emerging markets.

17 Feb 2013

UNITED STATES

New iPad tops three million

CUPERTINO, US: Apple has announced it has sold three million of its new iPad, since its launch on Friday, March 16. The new iPad features a new Retina display, Apple's new A5X chip with quad-core graphics, a 5 megapixel iSight camera with advanced optics for capturing photos and 1080p HD video, and the same all-day 10 hour battery life*.

22 Mar 2012

GERMANY

Demand for smartphones higher than ever before in Europe

NUREMBURG, GERMANY: In 2011, demand for mobile phones once again increased in Europe, largely as a result of the rising popularity of smartphones. According to GfK, 3.2% more mobile phones were sold in 2011, in particular the sales of smartphones increased by 67%.

15 Feb 2012

UNITED KINGDOM

Internet usage in European markets

LONDON, UK: comScore, Inc, a leader in measuring the digital world, has released an overview of internet usage in Europe, showing 376.6 million unique visitors went online in October 2011 for an average of 27.8 hours per person.

12 Dec 2011

SWITZERLAND

'Walmart effect' hits SA as PnP to cut over 3000 jobs

NYON, SWITZERLAND: UNI Global Union says that the announcement from South African supermarket chain Pick n Pay that it plans to cut about 3137 jobs from its workforce is a clear sign of the "Walmart effect" it believes the world's biggest retailer will have on South Africa as it prepares to enter the country.

12 Jul 2011

UNITED KINGDOM

Retail websites reach 75% of European internet audience each month

LONDON, UK: comScore, Inc, a leader in measuring the digital world, has released results from a study of online shopping in Europe. In January 2011, 270.6 million unique visitors in Europe visited sites in the retail category, representing a market penetration of 74.5% of Internet users, up 8.5 percentage points versus last year.

22 Mar 2011

UNITED STATES

Blu-ray sales up in Western Europe and Japan

NEW YORK, US: media control GfK International, a leader in international media and entertainment tracking servicing the global entertainment industry, has announced the release of its 2010 Year End Home Video Retail Sales Report.

28 Feb 2011

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