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Steinhoff could consider raising equity - CEO
Steinhoff could consider raising equity - CEOArticle

South African conglomerate Steinhoff International Holdings N.V. could consider an equity issue, its CEO said on Friday, as the retailer looks to reduce its debt and financing costs...

3 days ago

Pepkor H1 profit seen up 20% as cash-strapped shoppers seek value
Pepkor H1 profit seen up 20% as cash-strapped shoppers seek valueArticle

Pepkor Holdings said on Wednesday half-year earnings were expected to rise by at least 20%, supported by growth at its discount clothing business and a reduction in net debt and finance costs...

Nqobile Dludla 29 Apr 2021

Credit: Getty
5 categories that could lead retail's recovery in 2021Article

Merchant Capital's collection data suggests early signs of recovery in several key categories...

8 Apr 2021

Mr Price acquisition of Power Fashion comes into effect
Mr Price acquisition of Power Fashion comes into effectArticle

Deal gets green light on condition the merged entity boosts local procurement through the DTIC's clothing sector masterplan...

1 Apr 2021

Vans launches e-commerce offering in SA
Vans launches e-commerce offering in SAArticle

Vans, the action sports footwear and apparel brand, has launch an online store in South Africa, available to local shoppers at www.vans.co.za.

31 Mar 2021

Superunion Africa refashions PEP's brand
Superunion Africa refashions PEP's brandArticle

Superunion Africa, a global branding agency offering digital design and experience services, is proudly responsible for PEP's brand refresh in 2020...

Issued by Superunion 11 Mar 2021

Credit: Carsten Vollrath from Pexels
The human cost of Chinese cotton: how does it impact SA?Article

A recent report detailed how ethnic minority labourers in the Xinjiang region in China - which produces 20% of the world's cotton - are forced to pick cotton by hand through state-mandated schemes...

1 Mar 2021

Woolworths expands casual wear offering after return to profit growth
Woolworths expands casual wear offering after return to profit growthArticle

Woolworths said on Thursday it was expanding its casual and sports leisure wear ranges to reduce reliance on formal wear...

Nqobile Dludla 26 Feb 2021

Woolworths posts first jump in half-year profit since 2015
Woolworths posts first jump in half-year profit since 2015Article

Woolworths reported a 58.3% jump in first-half profit, its first in five years...

25 Feb 2021

Truworths to launch value clothing chain Primark
Truworths to launch value clothing chain PrimarkArticle

Truworths will open approximately 15 Primark stores over the next few months - a mix of standalone stores and others located in existing Truworths-owned stores...

23 Feb 2021

TFG presses for cut in yarn import duties to advance SA manufacturing
TFG presses for cut in yarn import duties to advance SA manufacturingArticle

TFG said this change is essential to enable larger purchases of locally-made fabrics...

22 Feb 2021

Young entrepreneur Lekau Sehoane opens 6th Drip Footwear store
Young entrepreneur Lekau Sehoane opens 6th Drip Footwear storeArticle

In the space of a few years, Lekau Sehoane has gone from not having shoes of his own to owning a footwear chain...

16 Feb 2021

Acquisition of Pepkor's John Craig saves 400 jobs
Acquisition of Pepkor's John Craig saves 400 jobsArticle

The Competition Tribunal has approved the sale of Pepkor menswear chain John Craig to Johannesburg-based Blue Falcon 188 Trading, saving 422 jobs...

12 Feb 2021

Credit: jackmac34 via Pixabay
Playtex factory liquidation leaves hundreds without work in SAArticle

Hanes South Africa, which holds the licence to manufacture, sell and distribute Playtex underwear in SA and other African countries, filed for voluntary liquidation...

10 Feb 2021

H&M probes harassment at Indian factory after female worker's killing
H&M probes harassment at Indian factory after female worker's killingArticle

Fashion retailer H&M said on Tuesday it would investigate reports of sexual harassment at a supplier's factory in southern India following the death of a female employee...

Anuradha Nagaraj 3 Feb 2021

Credit: Eastgate Basildon via Wikimedia Commons
Asos snaps up Topshop and sister brands in £295m dealArticle

British online retailer Asos has acquired Topshop along with the Topman, Miss Selfridge and HIIT brands from failed fashion retail group Arcadia...

1 Feb 2021

SA creatives' textile designs to feature in global Trenery collection
SA creatives' textile designs to feature in global Trenery collectionArticle

Glorinah Khutso Mabaso from Pretoria has been named the winner of the Trenery 2020 Print Competition...

1 Feb 2021

Cotton: A golden opportunity for South Africa?
Cotton: A golden opportunity for South Africa?Article

Cotton is considered one of the world's greatest poverty alleviating crops, with 150 million people worldwide relying on it for income...

Cobus de Bruyn 27 Jan 2021

Is UX the new CX?
Is UX the new CX?Article

One of the most significant pivots in 2020 we had to make was to adapt to digitisation - quickly! There isn't an industry or business model that was exempt from having to push all existing digitisation efforts to the next level...

Johan Kruger 26 Jan 2021

Credit: Kolforn (Wikimedia)
Fashion retailer Primark is refusing to sell online - here's why it is right to do soArticle

Irish fast-fashion retailer Primark has no plans to sell its clothes online. This is despite the company warning that lockdown store closures could cost it losses of more than £1bn...

Lisa Jack and Regina Frei 22 Jan 2021

Tasmika Ramlakan, Nedbank Corporate and Investment Banking
#BizTrends2021: A challenging year anticipated for SA retailersArticle

The circular relationship between retail sales, consumer spending and employment in SA means retailers are unlikely to be able to 'sell' themselves out of the situation in which they now find themselves...

Tasmika Ramlakan 18 Jan 2021

#BizTrends2021: Covid and the evolution of loungewear
#BizTrends2021: Covid and the evolution of loungewearArticle

Our current homebound reality will continue to influence purchasing decisions. The demand for indoor fitness, remote working, and therefore comfortable yet stylish attire, presents an opportunity for fashion businesses...

Nicola Cooper 13 Jan 2021

RLC November retail report reveals subdued clothing retail sales
RLC November retail report reveals subdued clothing retail salesArticle

A severely subdued Black Friday, with sales down 38.0% on last year. November sales down 10.7%...

4 Jan 2021

#BestofBiz 2020: Retail
#BestofBiz 2020: RetailArticle

Discover the most read content on Bizcommunity's Retail site over the past year...

14 Dec 2020

Maarten Ackerman, chief economist and advisory partner, Citadel
The good news ... and the bad newsArticle

South Africa's GDP numbers are much better than expected. In fact, the 66% quarter-on-quarter, seasonally adjusted, annualised figure is better than even the best industry expectation...

Maarten Ackerman 9 Dec 2020

Topshop: how the once trendsetting brand fell behind the times
Topshop: how the once trendsetting brand fell behind the timesArticle

The British fashion group Arcadia has fallen into administration, leaving 13,000 jobs at risk. Arcadia's market share slumped from around 4.5% in 2015, to 2.7% in 2020...

Julie Hodson 3 Dec 2020

Gap brand returns to SA with first store opening in Gauteng
Gap brand returns to SA with first store opening in GautengArticle

A standalone Gap store opened at the Mall of Africa in Midrand on Thursday, 26 November, signalling the return of the American clothing and accessories brand to South Africa...

Lauren Hartzenberg 30 Nov 2020

Mr Price buys Durban-based value retailer Power Fashion
Mr Price buys Durban-based value retailer Power FashionArticle

Mr Price Group has concluded an agreement to acquire family-owned value retailer Power Fashion, which currently has 170 stores located across southern Africa...

26 Nov 2020

PnP Clothing announces Gavin Rajah collab and Futurewear winners
PnP Clothing announces Gavin Rajah collab and Futurewear winnersArticle

Pick n Pay Clothing has launched its third limited-edition locally-produced collection, this time designed by the well-known Gavin Rajah...

24 Nov 2020

RLC report unpacks fashion and homeware spend during lockdown
RLC report unpacks fashion and homeware spend during lockdownArticle

Shopping remains muted, and the market is still way off from a return to pre-lockdown levels...

19 Nov 2020

#Loeries2020: The business of belonging and how inclusivity can evolve a brand (part one)
#Loeries2020: The business of belonging and how inclusivity can evolve a brand (part one)Article

During Loeries Creative Week, Jess Weiner, CEO of Talk to Jess in the US talked to the power of inclusivity and of belonging in the work that we do, both in the creative industry and in our work environment...

Jessica Tennant 18 Nov 2020

Busby emerges from business rescue rebranded as FrontierCo
Busby emerges from business rescue rebranded as FrontierCoArticle

The New House of Busby will be rebranded to FrontierCo and its head office has relocated from Germiston to George in the Southern Cape...

18 Nov 2020

Luxury goods: why elite brands are weathering the pandemic better than high street retailers
Luxury goods: why elite brands are weathering the pandemic better than high street retailersArticle

Clothes shops are among the worst-hit retailers from the coronavirus pandemic, but luxury brands appear to be weathering the conditions relatively well...

Shaun Borstrock 17 Nov 2020

5 habits of highly resilient businesses
5 habits of highly resilient businessesArticle

Businesses of all sizes need to get resilient - and quickly. But what does resilience look like?

Lee Naik 10 Nov 2020

Sappi announces financial results for fourth quarter and full year
Sappi announces financial results for fourth quarter and full yearArticle

Sappi recently announced its financial results for fourth quarter and full year...

Issued by Sappi 6 Nov 2020

Twyg Sustainable Fashion Awards 2020 finalists announced
Twyg Sustainable Fashion Awards 2020 finalists announcedArticle

Twyg has announced the finalists of its Sustainable Fashion Awards for 2020. The annual awards celebrate SA designers leading sustainable, ethical, circular and regenerative practices...

29 Oct 2020

#ConsciousLiving: 3 SA businesses championing fashion rental and resale
#ConsciousLiving: 3 SA businesses championing fashion rental and resaleArticle

These businesses are slowing the lifecycle of fashion by championing rentals and resale in South Africa...

Lauren Hartzenberg 28 Oct 2020

How TFG is weaving digital into the fabric of its business
How TFG is weaving digital into the fabric of its businessArticle

TFG is realising the positive impact of a clearly defined digital strategy and R500m investment into its digital transformation...

22 Oct 2020

Woolworths to invest R1bn to ensure prices are more accessible
Woolworths to invest R1bn to ensure prices are more accessibleArticle

Woolworths will invest R1bn in its prices to ensure its products are accessible to more consumers...

20 Oct 2020

New online fashion platform StyleMode launches in SA
New online fashion platform StyleMode launches in SAArticle

Powered by Loot.co.za, StyleMode enters the market with a range of brands across apparel, footwear and accessories...

13 Oct 2020

Smart African retailers are rising from the ashes. Here's how
Smart African retailers are rising from the ashes. Here's howArticle

To hear some industry commentators tell it, Covid-19 is going to be the final nail in the coffin of retail as we know it. At best, they're over-simplifying. At worst, they're just wrong...

Lee Naik 13 Oct 2020

#DoBizZA: Fulfilling the potential of South African fashion
#DoBizZA: Fulfilling the potential of South African fashionArticle

A local, SA designer-led fashion industry has the very real potential to make a significant contribution to our national GDP...

Lucilla Booyzen 28 Sep 2020

Credit: Blue Route Mall
TFG takes over 382 Jet stores in SA - saving 4,800 jobsArticle

The transaction includes the transfer of 382 South African Jet stores and approximately 4,800 employees...

28 Sep 2020

5,200 jobs saved as Edcon concludes sale of parts of Edgars
5,200 jobs saved as Edcon concludes sale of parts of EdgarsArticle

Approximately 5,200 retail industry jobs will be saved, as Edcon announced this week that the sale of parts of the Edgars business in South Africa to Retailability Ltd has been implemented...

17 Sep 2020

Creativity on the march across the retail landscape
Creativity on the march across the retail landscapeArticle

Creativity is on the march across the retail landscape as sector players get to grips with shifting consumer values and influences in the wake of the Covid-19 pandemic...

15 Sep 2020

Ackermans to offer women's apparel up to size 50
Ackermans to offer women's apparel up to size 50Article

Ackermans has extended its sizing across all women's product lines to offer up to size 50...

14 Sep 2020

Spanish fashion brand Desigual arrives in South Africa
Spanish fashion brand Desigual arrives in South AfricaArticle

Desigual has expanded its presence to South Africa with its first local store opening in Sandton City...

10 Sep 2020

Nominations now open for Twyg Sustainable Fashion Awards 2020
Nominations now open for Twyg Sustainable Fashion Awards 2020Article

Twyg is calling on fashion designers who implement sustainable and circular approaches, and who foster ethical practices, to enter its second annual Sustainable Fashion Awards...

3 Sep 2020

Emerging designers called to enter PnP Clothing mentorship project
Emerging designers called to enter PnP Clothing mentorship projectArticle

The 20/21 Futurewear project will support and provide two creatives with mentorship in business and practical application of skills in a commercial environment...

1 Sep 2020

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