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SOUTH AFRICA

Steinhoff to sell stake in Conforama France to Mobilux

Steinhoff has agreed to dispose of its shares in home furnishings retail chain Conforama France to Mobilux Sàrl...

9 Jul 2020

GLOBAL

Customer experience will help retailers overcome the financial hit from coronavirus

Retail was in trouble long before Covid-19 hit. The past five years saw daily reports of store closures and retailer bankruptcies. The growth of online commerce eroded many retailers' top-line revenues...

By Frederic Dimanche 6 Jul 2020

GLOBAL

Pandora commits to using only recycled silver and gold from 2025

The world's largest jewellery maker will stop using newly mined silver and gold in its jewellery by 2025 and only buy from recycled sources...

9 Jun 2020

GLOBAL

Consumer markets under pressure in 2020

As Covid-19 shifts the global economic outlook into deep recession, reflecting the impact of social distancing measures on economic activity, no industry remains untouched...

By Camilla Butler 5 Jun 2020

GLOBAL

Forrester forecasts $2.1tn in retail losses globally in 2020

Forrester predicts that due to the coronavirus, retail sales in 2020 will decline by an average of 9.6% globally, a loss of $2.1tn...

7 May 2020

SOUTH AFRICA

LVMH to acquire Tiffany & Co. for $16.3bn

LVMH has reached an agreement to purchase luxury jeweller Tiffany & Co. for approximately $16.2 billion, making this LVMH's most expensive luxury acquisition...

25 Nov 2019

SOUTH AFRICA

SA designer Thebe Magugu first African to win LVMH Prize

South African talent Thebe Magugu, 26, is the winner of the 2019 LVMH Prize for Young Fashion Designers. Magugu is the first designer from Africa to scoop the coveted award...

5 Sep 2019

SOUTH AFRICA

Amazon's bottomless appetite

Amazon is shrinking time and eating up the planet...

By François Lévêque 3 Jun 2019

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

LVMH launches new luxury fashion house with Rihanna

LVMH, the world's largest luxury group, has announced the launch of a new Paris-based luxury fashion house, developed by Robyn Rihanna Fenty...

10 May 2019

SOUTH AFRICA

Carrefour optimises supply chain using AI

French retail giant Carrefour is using artificial intelligence to optimise its inventory management and reduce waste by integrating software developed by advanced analytics company SAS into its supply chain...

17 Jan 2019

GLOBAL

Elevated sensorial experiences drive shoppers back to stores

According to a new global report by in-store media company Mood Media, sensory experiences drive 9 out of 10 shoppers back to stores...

15 Jan 2019

SOUTH AFRICA

Department stores are not doomed - take a look at who's doing it right

Department stores were once seen as innovative. They stocked wide ranges of goods - Noel Coward once bought an alligator from Harrods...

By Ruth Marciniak 24 Aug 2018

SOUTH AFRICA

Tesco-Carrefour alliance promises to cut costs through joint buying power

The announcement by Tesco and Carrefour that they will enter into a long-term, strategic alliance is the latest in a series of consolidation between the major grocery retailers in Western Europe...

5 Jul 2018

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