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Retail News

Jameson backs the horses
Pernod Ricard's Jameson Gold Reserve will be sponsorsing the style lounge and hospitality section at Kurland, in Plettenberg Bay, on 29 December 2009, where South Africa and England will thrash it out on the polo playing fields. 14 Dec 2009
Cadbury rejects Kraft takeover bid
LONDON, UK: British confectionary group Cadbury today, Monday 14 December 2009, rejected a takeover bid from US giant Kraft Foods, describing the offer as insufficient. 14 Dec 2009
Debt counselors have helped retailers and banks recoup just over R1.7bn, saving them money they would need to spend on debt collectors. 14 Dec 2009
Furniture and appliance retailers may look like shops, but they're really banks and short-term insurers in disguise. 14 Dec 2009
Retailers have taken stock of how South African consumers are feeling the strain and have filled shelves with a mix of luxury and budget items heading into the festive season. 14 Dec 2009
NEW YORK, USA: Apple, maker of the iconic iPhone, has hit back in a legal row with Nokia and countersued the Finnish telecoms giant, alleging it had breached 13 Apple patents. 14 Dec 2009
Cape Town's well-known jewellery designer, Uwe Koetter Jewellers recently had their marketing team put their backs and hearts into helping to build homes for informal settlement families. 14 Dec 2009
Noble Nederburg at the Cup
Nederburg's cellarmaster, Razvan Macici, has developed a special edition collection of three South African wines for the 2010 FIFA World Cup in South Africa for local and international sales following the signature of agreement with FIFA. The wines are a Cabernet Sauvignon, a dry rosé and a Sauvignon Blanc. 14 Dec 2009
Free trade can boost SA - Zuma
Quota and tariff free access into the European Union by Illovo Sugar (ILV) is expected to double its exports to Europe over the next 4-5 years. 11 Dec 2009
TOKYO, JAPAN: Japan's Panasonic Corp. on Wednesday, 9 December 2009, successfully completed its takeover bid for smaller struggling consumer electronics rival Sanyo Electric Co., a source said. 11 Dec 2009
The improvement in manufacturing production in October is encouraging from a growth perspective, but underlying trends reveal that the internal growth dynamic may still be too weak to drive the sector forward. 11 Dec 2009
Danone buys Clover stake of joint venture
Dairy company Clover SA yesterday, 10 December 2009, said it would sell its 45% stake in Clover Danone - a local joint venture with French dairy producer Groupe Danone - to the multinational company for just more than R1bn. 11 Dec 2009
It has been a long year and tempers, like cheap braids, are fraying. Shampoo giant Procter & Gamble is frothing at the mouth over what it says is a rival's claims that its hair-care product is the product of choice for salon stylists. 11 Dec 2009
The best that South African fashion has to offer will be on show at this year's Miss World pageant on Saturday 12 December 2009 and will include the design house, Marc and Michael along with five others. 11 Dec 2009
Talk up a storm with your BlackBerry
The second generation of RIM's (Research in Motion) innovative and award-winning touch-screen smartphone, the BlackBerry Storm2 smartphone, was launched for South African customers earlier this week and is available from MTN and Vodacom countrywide. 11 Dec 2009
Raymond Ackerman, founder and patron of the Raymond Ackerman Academy of Entrepreneurial Development, addressed the latest group of 34 students and handed out graduation certificates at the UCT Graduate School of Business on Monday 7 December 2009. 11 Dec 2009
Chivas, worldwide distiller of the year
The International Wine and Spirit Competition (IWSC), which took place late last month at the City of London Guildhall, saw Chivas Brothers win the trophy for Worldwide Distiller of the Year. 11 Dec 2009
Hello Kitty turns 35
Hello Kitty, who first hit the world in 1974, will be celebrating her birthday in South Africa alongside another icon, the teddy bear, at Build-A-Bear Workshop outlets in malls across the country. 11 Dec 2009
P&G celebrates 15 years in SA
US firm Procter & Gamble (P&G) is this year celebrating 15 years of its existence in South Africa, and has pledged its commitment to the social upliftment and sustainability of Africa's communities. 10 Dec 2009
While South Africa has technically ended its economic recession with an economic growth of 0.9% in the last quarter of 2009, business experts have cautioned that it was probably too early to celebrate. 10 Dec 2009
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