Now firmly in the middle of retail's biggest selling season, big brands and retail corporates have been making a few purchases of their own... Steinhoff is looking to buy a majority stake in Pepkor, while Coca-Cola intends to acquire Applestiser and 19 other soft-drink brands from the SABMiller stable. Clover, however, has taken exception to some of the Competition Commission's conditions that have been set for the approval of the dairy giant's takeover bid of DairyBelle's yoghurt and long life milk businesses. Now, as international SMEs tend to skirt Africa as a potential growth market (but really shouldn't, here's why...), luxury goods brands make the leap across the pond as they discover African's have grand ambitions and a taste for the finer things in life... Have great week!
Shan Radcliffe, Group Head - Retail (@Biz_Retail) Image: © Happy Art - Fotolia.com Comment online in our ed's column archive. Go mobile with apps and m.bizcommunity.com. Engage with us on Twitter, Facebook, LinkedIn and Google+. Subscribe to YouTube and via RSS. Send all your retail news and event invitations to retailnews@bizcommunity.com, exclusive opinion pieces to contributors-retail@bizcommunity.com and international news to internationalnews@bizcommunity.com. Read "How to contribute to Biz, from op-ed pieces to news".