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Retail News

Source: © Page Six  Kim Kardashian wore Miyake in 2020
Source: © Page Six Page Six Kim Kardashian wore Miyake in 2020
Japan's Kyodo News outlet announced that fashion designer, Issey Miyake, passed on 5 August in a hospital in Tokyo. The designer was best known for pioneering delicate pleats as well as dressing many celebrities, such as Steve Jobs, with his iconic black turtlenecks. 10 Aug 2022
- Our Salad Mix
Premier FMCG uplifts communities by creating young entrepreneurs
Mister Bread and Star Bakeries brand owner, Premier FMCG, aim to grow and nurture communities through programmes designed to help prepare South Africa's next generation for future success. For the second time, the Yondla Ikamva Holiday Camp was run in Mthatha in July, and for the first time this year, additional camps were hosted in Queenstown and Mdantsane. 10 Aug 2022
#WomensMonth: Sakina Nosarka talks boundary-pushing leadership and driving a culture of inclusion
Sakina Nosarka, the highly-regarded head of retail for Old Mutual Properties (OMP) and incoming CEO for OMP, has just taken on the additional role of South African Council of Shopping Centres (SACSC) president, working to spearhead innovative solutions that cement the retail landscape as a key contributor to South African society. 8 Aug 2022
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Source: Pexels
The number of 'buy now pay later' (BNPL) users is set to surpass 900 million globally by 2027, increasing from 360 million in 2022, reveals a new study from Juniper Research. 8 Aug 2022
Source: iRobot
Source: iRobot
Amazon has signed a merger agreement that will see it acquire iRobot, best known for its robotic vacuum Roomba. The e-commerce giant will acquire iRobot for $61 per share in an all-cash transaction valued at approximately $1.7bn, including iRobot's net debt. 8 Aug 2022
How SA consumers are enforcing their rights against online retailers
The Consumer Protection Act (CPA) empowers the Consumer Goods and Services Ombud (the Ombud) to mediate disputes between consumers and businesses that provide goods and services. The Ombud was established to ensure that businesses treat consumers fairly and equitably. 5 Aug 2022
Hats off to working mothers in the 'always-on' retail industry
Many women juggle the role of both worker and matriarch, playing an integral role in society by not only taking on the responsibilities of raising the next generation and being the cornerstone of the family; but also by playing an active part in South Africa's economy. 5 Aug 2022
Who's on top in corporate FMCG retail?
Align your resouurces with the winners 5 Aug 2022
Consumer-led innovation secures Brutal Fruit a place among SA's top brands
South African Breweries (SAB) spritzer brand Brutal Fruit has been recognised as one South Africa's top 30 most valued brands in the latest Kantar BrandZ Most Valuable South African Brands report. 5 Aug 2022
Facebook puts an end to live shopping feature
Meta is shutting down the Facebook Live Shopping feature from 1 October to focus more on Reels. 5 Aug 2022
#NedbankIMC2022: Relevancy the new frontier for retail growth
Retail has always been about understanding the customer, but now it's nothing short of imperative, according to international retail guru Ron Thurston, who believes that we are in "an important stage in the history of understanding customer expectations and customer relevancy." 4 Aug 2022
- Bata
Bata South Africa hits the digital streets with #SuitYourSneakers campaign for Women's Month
This Women's Month, Bata South Africa celebrates the triumph of women in a unique #SuitYourSneakers campaign. The campaign recognises how far women's rights have come since August 1956 and celebrates the achievements of women in all aspects of their lives. 4 Aug 2022
H&M launches new global activewear brand H&M Move
Fashion retailer H&M has launched a new activewear brand, called H&M Move, with a vision to "democratise sportswear". 4 Aug 2022
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Source: Pexels
A recent Africa-China export matchmaking session saw African coffee producers from Ethiopia, Kenya and Tanzania, and South African wineries exhibit their brands to over 50 pre-selected Chinese importers gathered at the Hunan International Conference and Exhibition Centre in Changsha, China. 3 Aug 2022
Top-rated liquor awarded at Trophy Spirits Show 2022
The results of this year's Trophy Spirits Show, now sponsored by Investec, have been announced. Launched in 2019, the liquor competition is open to all producers and importers of spirits and liqueurs. 3 Aug 2022
Source: Supplied
Source: Supplied
Local sweets manufacturer Richester Foods has launched South Africa's first locally manufactured chewing gum, Mintex, with an aim to challenge the position of multinational gum giants. 3 Aug 2022
Source: Reuters/Siphiwe Sibeko
Source: Reuters/Siphiwe Sibeko
Massmart shares fell 6.34% after the South African retailer flagged a wider loss of up to R921.5m in the first half as surging prices for food and fuel prompted customers to cut back on discretionary purchases. 2 Aug 2022
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Source: Pexels
Black Friday shopping mania has been with Mzansi for over 10 years now. SA online retail giant Takealot launched its first Black Friday sale in 2011, generating a turnover of R1 million. Seven years later, before the pandemic hit, their turnover was almost 200 times that. 2 Aug 2022
Adidas debuts collection designed with SA's Thebe Magugu
Adidas has launched the first of two ranges developed in collaboration with celebrated South African luxury designer, Thebe Magugu. The first Adidas x Thebe Magugu drop is inspired by African heritage, community and kinship and has been designed with inclusivity in mind. 2 Aug 2022
Wellness entrepreneur Lisa Raleigh expands into physical retail
Fitness and wellness entrepreneur Lisa Raleigh has expanded her online platform lisaraleigh.com into physical retail with the launch of her first brick-and-mortar store in Johannesburg's Nicolway Shopping Centre. The store is home to Raleigh's brands Bounti, Body Kind and Lr. 1 Aug 2022
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