Spree and Superbalist, two of South Africa's most popular online fashion retailers, will merge into a single platform, Media24 and Takealot.com announced today. The new venture will be held 51% by Media24, Spree's current shareholders, while Takealot Group will own 49% of the venture. 18 Jun 2018
Even though demand in South Africa for imported goods (think oil, vehicles, and equipment) are high regardless of price, common sense indicates that when the currency is stronger, it becomes cheaper to do so. But is there really a right time to import? 18 Jun 2018
Nestlé South Africa has transformed its Mossel Bay dairy factory into a "zero water" manufacturing site. Over the past six years, the company has installed new water recovery, treatment and recycling technology at the factory which will enable it to re-use and recycle water from its dairy operations. 18 Jun 2018
The number of pantyhose imported worldwide totalled 1.3 million tonnes in 2016, remaining constant against the previous year's level, according to the report 'World: Pantyhose And Tights - Market Report. Analysis and Forecast to 2025', recently published by IndexBox. 18 Jun 2018
Ryan Marx, Jax du Plessis and Duane du Plessis know all about price comparison, having been the team behind pan-African platform CompareGuru. Now, however, the three have moved on from the Silvertree Internet Holdings portfolio company, founding South African startup MoneyPanda, an online financial services comparison platform for car insurance that retrieves live quotes for consumers in under five minutes. 18 Jun 2018
For the last few years, packaging industry professionals have been curious about the future of smart packaging. Whilst barcodes and quick-response (QR) codes were once considered the "next big thing" in packaging, the acceleration of technology is transforming smart packaging that needs to fit in with the modern-day consumer purchasing habits. 15 Jun 2018
According to Stats SA, retail trade sales increased by 0,5% year-on-year in April 2018. 15 Jun 2018
Entries are officially open for the third annual Tech and E-commerce Awards hosted by price comparison website Pricecheck. 15 Jun 2018
South Africa's growing numbers of Scotch whisky and Irish whiskey lovers are becoming increasingly appreciative of authentic American bourbon, says Marc Pendlebury, whiskey aficionado and co-owner of Johannesburg's first and only dedicated whisky bar, Whisky Brother. 14 Jun 2018
Amazon has been busy lately. After entering the grocery delivery market with Amazon Fresh and buying Whole Foods, it is now in the process of launching its own supermarket, Amazon Go. 14 Jun 2018
Mike's Kitchen, one of the oldest South African restaurant chains, has marked its return to KwaZulu-Natal with the opening of its first store in Salt Rock this week. 14 Jun 2018
Luvuyo and Nodumo Jongile, the founders of South Africa's first black-owned gin brand Mayine Gin, have been named as the recipients of the country's first known gin bursary. As the winners, the husband and wife team from Khayelitsha is awarded a R100,000 bursary to help grow their business, culminating in a trip to London's Juniperlooza Festival next year on World Gin Day. 14 Jun 2018
NEWSWATCH: Guess co-founder Paul Marciano is stepping down as executive chairman after the fashion company concluded an investigation into allegations of sexual harassment. 13 Jun 2018
Forbes' richest people in the world list says Amazon CEO, Jeff Bezos, earns $107.4 million per day, so he must be doing something right. Amazon, which dominates the world of online shopping, now have a chain of grocery stores, bookstores, pop-ups and have partnered with a department store - a radical disruption from their online buying category. 13 Jun 2018
Total South African retail sales for April 2018 grew by 3.7% year-on-year after removing the effects of inflation, showing the highest growth rate seen in April in the past six years. This is according to the Mastercard SpendingPulse April 2018 report, which provides a macroeconomic analysis of retail spending trends in South Africa. 13 Jun 2018
The Shoprite Group's Retail Readiness programme, launched in February 2016, is set to reach its target of empowering more than 12,000 youths (aged 18-29 years) by the end of June to enter the retail sector or start their own business. 13 Jun 2018
The third annual Mall and Retail Indaba for shopping centre and retail managers and marketers will be held at the Balalaika Protea Hotel in Sandton on 13 and 14 June 2018. The two-day conference will explore the challenges and trends impacting mall and retail management and marketing, offering delegates advice and guidance from more than 12 industry leaders. 12 Jun 2018
Every year nine million people view the Mona Lisa. People still flock to live events at stadiums. Why; when they can see it on video, in HD and 3D and AR, etc. "Technology is always with us, but despite this we still want to go to shopping centres, stadiums, we still want to touch and feel ... even kiss," says Andy Stalman. 12 Jun 2018
Aspiring and existing fashion entrepreneurs wanting to take their business to the next level are encouraged to enter the Truworths Fashion Incubation Programme. The initiative is the result of a partnership between the South African fashion retailer and The Startup Hatchery, a virtual business incubator. 12 Jun 2018
Local home improvement app, HomeFixer, has entered into a partnership with Hirsch's, a popular South African independent home appliances and furniture store. 12 Jun 2018
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