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Retail News

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Picture: Page & Holmes
GENEVA, SWITZERLAND: Swiss luxury goods giant Richemont will cut 210 jobs at its Piaget and Vacheron Constantin high-end watchmakers, a union source said Monday. 15 Nov 2016
Estee Lauder eyes millennials with $1.45bn Too Faced buy
© Getty/AFP/File | US cosmetics maker Estee Lauder has snapped up the beauty products brand Too Faced, beloved by the younger demographic.
SAN FRANCISCO - US cosmetics maker Estee Lauder on Monday snapped up the beauty products brand Too Faced, beloved by the younger demographic, for $1.45 billion in its biggest acquisition to date. 15 Nov 2016
(c) Petr Malinak -
(c) Petr Malinak - 123RF.com
Few South Africans are at home during standard delivery times to accept their parcels and the country has a high level of informal housing, with no formal street addresses for delivery. These unique demands in the South African online shopping context require innovative thinking around delivery and returns. 15 Nov 2016
Woolworths casts local celebs in #findthemagic campaign
Launched on 8 November 2016, the Woolworths 2016 festive campaign is brought to life through a stellar line-up of loveable characters, including world-renowned musician and philanthropist, Hugh Masekela, as Santa Claus. 15 Nov 2016
(c) Dmitry Kalinovsky -
(c) Dmitry Kalinovsky - 123RF.com
From negotiating deals with suppliers to ensuring delivery logistics run smoothly, PriceCheck and Parcelninja's CEOs, Kevin Tucker and Justin Drennan respectively, team up ahead of Black Friday to provide some key insights retailers should be thinking about... 14 Nov 2016
Réan van Niekerk, founder of .
Réan van Niekerk, founder of Metacom.
With the festive season looming, large retailers need to differentiate themselves from the competition and look into interactive communication solutions to engage their customers. 14 Nov 2016
Razat Gaurav
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Razat Gaurav Picture: LinkedIn
Speaking after a JDA retail seminar in South Africa recently, Razat Gaurav, VP and GM at JDA, said overseas expansion was one of the key themes to emerge in his talks with leading local retail organisations. 14 Nov 2016
British fashion designer Stella McCartney at the presentation of her menswear launch and women’s Spring 2017 collection presentation in London on 10 November. —
British fashion designer Stella McCartney at the presentation of her menswear launch and women’s Spring 2017 collection presentation in London on 10 November. — AFP/VNA Photo
LONDON - Fashion designer Stella McCartney unveiled her first menswear collection on Thursday at London's famous Abbey Road recording studio, where she promised men a more free and fun wardrobe. 14 Nov 2016
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Picture: Noon.com
DUBAI - Dubai business magnate Mohamed Alabbar announced on Sunday the launch of a $1-billion regional e-commerce site in a joint venture with the Saudi sovereign wealth fund and other Gulf investors. 14 Nov 2016
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Picture: Sunday Times
Retailer Mr Price managed to offset some of the slump in clothing sales with better performance by its other divisions. 14 Nov 2016
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Picture: James Oatway
A grim trading update from Woolworths on Friday dealt a hefty blow to already weak investor sentiment towards the retail sector. 14 Nov 2016
Deliverymen sort through packages of goods at a collection centre in Beijing on 9 November 2016 |
Deliverymen sort through packages of goods at a collection centre in Beijing on 9 November 2016 | © AFP/File
SHANGHAI - Chinese shoppers spent more than $1 billion in the first five minutes of Singles Day on Friday, e-commerce giant Alibaba said, in the world's biggest online shopping promotion. 11 Nov 2016
Woolworths store at the V&A Waterfront in Cape Town.
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Woolworths store at the V&A Waterfront in Cape Town. Picture: Supplied
Summer sales might offer a helpful fillip for clothing retailer Woolworths after a poor winter start to the first 19 weeks of this financial year. 11 Nov 2016
Kwikot geysers.
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Kwikot geysers. Picture: Supplied
Swedish group Electrolux will buy local water heater producer Kwikot Group from RMB Corvest and other parties, broadening its home comfort product range and boosting growth opportunities in Africa. 11 Nov 2016
Doug Murray, CEO of Foschini.
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Doug Murray, CEO of Foschini. Picture: Financial Mail
Clothing retailer The Foschini Group (TFG) has slammed portions of the National Credit Regulator's new affordability regulations, saying they have already severely affected its credit turnover. 11 Nov 2016
Picture: Supplied
Picture: Supplied
Checkers is the first major South African supermarket to develop a private label, banting-friendly range, called 'Banting Revolution'. 11 Nov 2016
Winning dish: Dianne Bibby's nutrient-dense green pesto pasta
Winning dish: Dianne Bibby's nutrient-dense green pesto pasta
Faithful to Nature, one of the country's largest online stores for organic and natural products, recently invited 12 South African food bloggers to devise a recipe for a seasonal, vegetarian, organic family lunch or dinner, highlighting how easy it is to create delicious family meals using organic produce and pantry items. 11 Nov 2016
TFG brings Singles' Day to SA
TFG (The Foschini Group) is bringing Singles' Day to South Africa for the first time today, 11 November 2016. The date, 11/11, is significant because the number '1' symbolises the single individual celebrating his or her independence with other singles. 11 Nov 2016
(c) Christopher Bradshaw -
(c) Christopher Bradshaw - 123RF.com
Ninety-three percent of small business owners in townships expect amendments to the Liquor Act to damage their businesses. 11 Nov 2016
(c) Mohd Azri Suratmin -
(c) Mohd Azri Suratmin - 123RF.com
Today, 11 November 2016 marks McDonald's South Africa's 21st birthday. The hamburger and fast food restaurant chain kicked off its birthday celebrations on Tuesday, 8 November with 'Big Mac Day' to commemorate all the little moments of lovin' that the Big Mac has brought over the past 21 years. 11 Nov 2016
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