Supply chain business Super Group announced last week that shareholders had approved the resolutions relating to the rights offer in which Super Group will raise approximately R1 billion through the issue of new shares. 25 May 2009
The Industrial Development Corporation (IDC) faces an intractable competition conundrum as it considers bailing out textile producer Frame Textiles, a subsidiary of SA's largest clothing maker, Seardel. 25 May 2009
Retailers and manufacturers in the clothing and textile industry have at last agreed to work together to test the commercial feasibility of sourcing more apparel and fabric locally. 25 May 2009
Claremart Auction Group will soon sell the building that houses one of Cape Town's most frequented seaside restaurants. CEO Jonathan Smiedt says the landmark site — which includes the Sandbar, located on the Camps Bay promenade — will be auctioned next Tuesday, 26 May 2009, at noon. 22 May 2009
The Department of Trade and Industry has finally launched the clothing and textiles customised sector programme, or CSP, a huge task that has been four years in the making, to prop up the perennially embattled industry. 22 May 2009
The world's second biggest brewer, SABMiller plc, on Wednesday, 20 May 2009, announced that Dr Dambisa Moyo has agreed to join the SABMiller board as an independent non-executive director. 22 May 2009
The Tshwane Metropolitan Municipality is to increase property rates by 13% from 1 July. 22 May 2009
Kellogg's Corn Flakes has refreshed its image by upgrading the design of its packaging. The distinctive packaging will be available in-stores next month with the aim of making it contemporary, discernible on shelves and easy on the eye. 22 May 2009
Two things that online shopping has going for it: You can probably find just about anything for sale online, and you don't even have to get dressed to buy it. Working against it are having to wait for it to get shipped to you, and the fact that shipping sometimes adds a few bucks to the price you pay. 22 May 2009
BERLIN: Century-old German department store chain Hertie, owned by British financial group Dawnay Day, said it was going out of business and closing all 54 of its stores. 22 May 2009
How can IT departments keep a grip on security when employees are using an ever-expanding variety of mobile devices with no commonality in terms of hardware, platforms or applications? Centralized management is essential, but accomplishing that goal can be daunting. A few best practices are emerging, though. 22 May 2009
"Given that electronic distribution of music will not overtake physical products until sometime in the next decade, there is a need currently to consider options to reduce the environmental impact of CD packaging,” states the executive summary of Comparing Packaging Options for Compact Discs: An Environmental and Toxicological Assessment - a new report from the Sustainable Packaging Working Group (SPWG). 22 May 2009
Live Out Loud, an exclusive monthly retail publication aimed at high net worth individuals, held its annual media bash at the Villa Zest Boutique Hotel in Green Point. The evening, themed retro-glam, saw the likes of Marcus Brewster, CEO of Marcus Brewster Publicity, and winner of the SA Blog of the Year 2009 award, Two Ocean's Vibe editor, Seth Rotherham, on the VIP guest list. 22 May 2009
Industrial design students from Holland's Technical University of Delft, with the help of nongovernmental organisation Kids Rights and local and international sponsoring companies, are set to take the Dutch fashion scene by storm with a range of leather sandals manufactured at a Durban company, which is putting its profits back into the community. 21 May 2009
With more and more scrutiny being focused on advertising that is specifically directed to kids, many marketers are hesitant to even consider a through-school marketing program. What they might not realize, however, is that a through-school marketing program directed to moms (versus kids) is one of the most effective ways to build brand awareness and purchase intent for their products. 21 May 2009
The Industrial Development Corporation (IDC) has started paying out desperately needed loans to save companies in the motor industry which face closure because of plummeting vehicle sales. 21 May 2009
Companies that fail to keep accurate accounting records may be in for hefty fines of up to R1m or their directors could even face jail time, according to new company laws. 21 May 2009
Dining out is becoming a casualty of the recession and restaurants are having to come up with creative solutions to entice cash-strapped consumers to eat out. 21 May 2009
SEOUL: South Korea's LG Display said on Tuesday, 19 May 2009, it has developed a liquid crystal display (LCD) television panel that is thinner than a pencil, describing it as the world's slimmest. 21 May 2009
Nokia said Tuesday, 19 May 2009, it will lay off 170 workers worldwide to further cut costs as the global downturn continues to weaken demand in the mobile phone industry. 21 May 2009
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