Ares Holdings Group, the distributor of apparel brands Under Armour, Birkenstock, Crocs and 2XU in southern Africa, has appointed Gareth Kemp as its new chief executive officer, succeeding Neil Scheibe who will remain on the company's board. 3 Sep 2021
Source: Reuters/Mike Hutchings
Fashion retailer Truworths International Ltd reported a 26.8% increase in annual profit on Thursday as Covid-19 lockdown restrictions eased in South Africa. 3 Sep 2021
"Recognise us, and the role that we can play in rebuilding the economy," was the message echoed amongst the speakers at the Franchise Association of South Africa's (Fasa) Franchising for Africa virtual conference last week. 2 Sep 2021
Nestlé has inaugurated its largest R+D Accelerator yet at its fundamental research centre in Lausanne, Switzerland. It is part of Nestlé's global R+D Accelerator network, which was launched in 2019 to provide a platform for startups, students and Nestlé intrapreneurs to bring highly differentiated innovations to the market at speed. 2 Sep 2021
Bravo Group, the South African company specialising in home and lifestyle comfort products, has changed its name to Bravo Brands as part of an extensive rebranding initiative that includes a new logo and refreshed corporate identity. 2 Sep 2021
Source: Getty
South Africa's seasonally-adjusted Absa Purchasing Managers' Index (PMI) recovered in August, after a steep drop in July when arson and looting gripped parts of the country, a survey showed on Wednesday. 2 Sep 2021
Even Africa's biggest fast-food brand, KFC, has not been spared the devastating financial impacts of the Covid-19 pandemic. But despite lost sales, and an uncertain economic trajectory, Akhona Qengqe, chief people officer at KFC Africa, is a firm believer in the resilience and agility of the franchising sector and the promising business innovation that's taking root in the midst of a crisis. 1 Sep 2021
The Stiles Refresh Promotion launches amidst a new trend of home-owners catching the renovation bug. Stiles are offering up to 35% off selected tiles and 45% off selected sanitary ware products at Stiles between 1 September and 31 October 2021 subject to Ts&Cs. 1 Sep 2021
The Beer Association of South Africa (Basa) made a presentation to Parliament's Standing Committee on Finance on Tuesday detailing its opposition to above-inflation increases in excise taxes. This is the first of a number of engagements Basa plans to hold with the government in the lead up to next year's Budget Speech. 1 Sep 2021
Source: Supplied
African CBD wellness brand Goodleaf has launched a premium functional mushroom brand, called Goodmind. 1 Sep 2021
Puma has reopened the doors to its store in Durban's Gateway Theatre of Shopping, following a significant refurbishment and extension that now makes it the largest Puma store in South Africa. 31 Aug 2021
At just 27 years old, Cape Town native Rochelle Dunlop is already an award-winning beer brewer. 31 Aug 2021
Source: Getty
The transaction value of B2B cross-border payments of all payment types will exceed $42,7tn in 2026, from $34tn in 2021, according to a report from Juniper Research. 31 Aug 2021
Source: ReutersSiphiwe Sibeko
The Saltzman family, who founded pharmacy retailer Dis-Chem, has sold a portion of its shareholding in the company to a BEE consortium. 31 Aug 2021
Smiling or exhibiting other positive emotional displays while selling a product over live video - known as livestreaming - makes people less likely to buy it, we found in new research published in the Journal of Marketing. 30 Aug 2021
The South African Brandy Foundation is inviting creative thinkers to enter its newly-launched innovation challenge. The top three entrants stand the chance to win a R30,000 cash prize and the opportunity to launch their own brandy brand with the support and mentorship of industry stalwarts, to help invigorate South Africa's brandy category. 30 Aug 2021
Source: Tiger Brands
South Africa's largest food manufacturer Tiger Brands is disposing of its 49% minority shareholding in UACF Foods to parent company UAC of Nigeria, which holds the remaining 51% stake. 30 Aug 2021
Source: Massmart
Massmart is disposing of all its general merchandise Game stores in West and East Africa to stem losses in that struggling business, chief executive Mitch Slape said on Friday, after the Walmart majority-owned retailer reported a narrower half-year loss. 27 Aug 2021
As a former pro athlete and three-time Olympian, Adidas South Africa's senior brand director Kate Woods has triumphed on the hockey field and in the boardroom. 27 Aug 2021
South African fashion designers Carina Louw and Natasha Jaume, founders of Erre Fashion, will be heading off to Paris to participate in the inaugural Africa Fashion Up show this September. 26 Aug 2021
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