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Retail News

Inside Rihanna's first Savage X Fenty store
Pop megastar turned fashion and beauty mogul Rihanna has opened the doors to her first Savage X Fenty store, located at a shopping mall on Las Vegas. The new store is the first of five brick-and-mortar Savage X Fenty storefronts planned for opening in the US this year, as Rihanna expands the presence of her popular lingerie brand, which she co-owns with LVMH. 28 Jan 2022
#BizTrends2022: How AI and data are shaping e-commerce, delivery as a service
The past two years have been immense for e-commerce around the world. In 2020, global e-commerce sales reached $26.7tn, making up 19% of all retail sales. While that growth may have evened out a little in 2021, there were still double-digit increases in online sales. 28 Jan 2022
Striking Clover workers marched through the streets of Sandton on Thursday. Photo: Masego Mafata.
Striking Clover workers marched through the streets of Sandton on Thursday. Photo: Masego Mafata.
Hundreds of striking Clover workers marched through the streets of Sandton, Johannesburg on Thursday morning as part of a national and international day of action against the dairy producer. 28 Jan 2022
Source: Getty
Source: Getty
Six talented emerging designers have been selected as finalists for the South African Fashion Week 2022 New Talent Search. 27 Jan 2022
Source: Supplied
Source: Supplied
According to a new NielsenIQ report, two-thirds of South African consumers remain convinced of the long-term effects of the Covid-19 pandemic and believe the country will only be free of its direct impacts during 2023. This is the highest percentage amongst the 16 countries surveyed in the newly released NielsenIQ 2022 South African Consumer Outlook Study, which has revealed a substantially altered picture of local consumers. 27 Jan 2022
Amazon reveals high-tech vision for its first physical clothing store
Amazon will launch its first brick-and-mortar clothing store, dubbed Amazon Style, later this year in Los Angeles. 27 Jan 2022
Source: ©joeppoulssen -
Source: ©joeppoulssen - 123RF
Global consumer packaged goods giant Unilever is set to cut 1,500 across the globe, and move away from its current matrix structure to reorganise its business around five distinct groups: beauty & wellbeing, personal care, home care, nutrition and ice cream. 26 Jan 2022
Diageo to sell Ethiopian brewery Meta Abo to BGI
Multinational drinks company Diageo has agreed to sell Meta Abo Brewery, its brewery based in Sebeta, Ethiopia, to BGI. 26 Jan 2022
#BizTrends2022: Not just a t-shirt - fashion as culture, community and protest
The fashion industry, in fact retail in general, is changing by seismic proportions. Digital communications, m- and e-commerce, manufacturing driven by the ongoing impact of Covid-19 and the shifting consumer landscapes and demands. 26 Jan 2022
Thavhani City. Source: Supplied
Thavhani City. Source: Supplied
Flanagan & Gerard Property Group has reported "strong December trade" across its portfolio of shopping centres despite 2021 proving to be a challenging time for retail. 25 Jan 2022
Steinhoff CEO Louis du Preez. Source: Reuters/Mike Hutchings
Steinhoff CEO Louis du Preez. Source: Reuters/Mike Hutchings
The Western Cape High Court has approved Steinhoff's Section 155 global settlement proposal, the company confirmed on Monday, 24 January. If no appeals are lodged before 15 February, the €1.43bn (R25bn) settlement will become binding on all claimants. 25 Jan 2022
KFC names Nolo Thobejane as new head for rest of sub-Saharan Africa
KFC Africa has appointed Nolo Thobejane as head of rest of sub-Saharan Africa (RoSSA), which is made up of 22 growth markets. This appointment became effective on 1 January 2022. 25 Jan 2022
Adidas unveils Tsonga-inspired collection with SA designer Rich Mnisi
Adidas has launched a vibrant collection of apparel and footwear in collaboration with South African contemporary fashion designer, Rich Mnisi. 24 Jan 2022
Shoprite Group to prioritise locally-produced sugar on shelf
A new partnership between the Shoprite Group and SA Canegrowers will see the country's largest retailer prioritise selling only locally-produced sugar in its 1,189 Shoprite, Checkers, Checkers Hyper and Usave supermarkets in South Africa, and promote SA Canegrowers' Home Sweet Home campaign to customers. 24 Jan 2022
Iconic fashion designer Thierry Mugler dies
Celebrated French couturier and designer Thierry Mugler died at aged 73 on Sunday, 23 January of natural causes. 24 Jan 2022
Source: FutureLife
Source: FutureLife
Packaged food brand FutureLife has launched a direct-to-customer e-commerce platform, offering shoppers access to the full assortment of FutureLife products for delivery to their doors. 21 Jan 2022
How Cape Town's drought spurred water-wise innovation at Levi's
The production of denim wear is a thirsty business. From the growing of the water-intensive cotton crop to garment construction and design detailing, it can take approximately 7,500 litres of water to produce a single pair of jeans. 21 Jan 2022
Source: Copia Global
Source: Copia Global
Kenyan-based mobile commerce platform and goods distributor Copia Global has raised $50m from investors to fund its expansion into the rest of Africa, the firm said on Thursday. 21 Jan 2022
Barati Mahloele, Venture Capital Fund director, Tiger Brands. Source: Supplied
Barati Mahloele, Venture Capital Fund director, Tiger Brands. Source: Supplied
Tiger Brands has appointed Barati Mahloele as the company's Venture Capital Fund director. 20 Jan 2022
Source: Supplied
Source: Supplied
The informal economy in sub-Saharan Africa accounts for 38% of the region's GDP. What's more, according to the International Labour Organization, retail and wholesale is the second biggest employer across the region after agriculture. 20 Jan 2022
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