GLOBAL

How Bezos and Amazon changed the world

Amazon announced Jeff Bezos is stepping down as CEO almost 27 years after he founded the company to sell books to customers over dial-up modems...

By Venkatesh Shankar 4 Feb 2021

GLOBAL

Jeff Bezos to step down as Amazon CEO

Jeff Bezos is stepping down from his role as Amazon CEO, and will transition to the role of executive chair in the third quarter...

3 Feb 2021

UNITED KINGDOM

Asos snaps up Topshop and sister brands in £295m deal

British online retailer Asos has acquired Topshop along with the Topman, Miss Selfridge and HIIT brands from failed fashion retail group Arcadia...

1 Feb 2021

EUROPE

Fashion retailer Primark is refusing to sell online - here's why it is right to do so

Irish fast-fashion retailer Primark has no plans to sell its clothes online. This is despite the company warning that lockdown store closures could cost it losses of more than £1bn...

By Lisa Jack and Regina Frei 25 Jan 2021

GLOBAL

2020 digital holiday sales climb to $1.1tn globally - Salesforce

Digital sales grew around 58% during the five days leading up to Christmas, despite earlier shipping cutoffs...

13 Jan 2021

SOUTH AFRICA

Topshop: how the once trendsetting brand fell behind the times

The British fashion group Arcadia has fallen into administration, leaving 13,000 jobs at risk. Arcadia's market share slumped from around 4.5% in 2015, to 2.7% in 2020...

By Julie Hodson 3 Dec 2020

GLOBAL

Global cyber week online sales hit record high

Salesforce data shows global online spend of $270bn...

2 Dec 2020

GLOBAL

Luxury goods: why elite brands are weathering the pandemic better than high street retailers

Clothes shops are among the worst-hit retailers from the coronavirus pandemic, but luxury brands appear to be weathering the conditions relatively well...

By Shaun Borstrock 17 Nov 2020

SOUTH AFRICA

Why harmonised retail is the future

For many industries, predicting the future during a pandemic would be difficult - if not impossible. Retail is different. Why?

By Oliver Guy 13 Nov 2020

SOUTH AFRICA

New subscription snack box for South Africans and Zimbabweans abroad

YeboBox is a new subscription service that delivers a monthly box of different homegrown snacks to nostalgic South Africans and Zimbabweans living in the UK...

12 Nov 2020

GLOBAL

Vans donates $1m to charities focused on mental health

For its second annual Checkerboard Day, Vans will focus on the vital role creativity plays in helping individuals and communities address mental health and well-being, in light of the period of global isolation experienced as a result of Covid-19.

3 Nov 2020

GLOBAL

2020 global online holiday sales predicted to grow 30% - Salesforce

Digital sales are expected to hit all-time highs and lead to strained shipping capacity as retailers grapple with the impact of the Covid-19 pandemic...

21 Oct 2020

GLOBAL

How the decline in Chinese tourists around the world has hit the luxury sector

A significant number of Chinese tourists spend large sums on luxury items, such as designer clothes and accessories, when they travel overseas...

By Xiaoqing Chen and Carol Zhang 1 Oct 2020

GLOBAL

Global consumers ease back into in-store shopping - report

With Covid-19 lockdown measures around the world easing, just under three-quarters of global consumers report feeling comfortable returning to physical stores since lockdowns have eased...

4 Sep 2020



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