H&M short sellers double bets as investors wear 18% drop

2017-06-18 11:36

Hennes & Mauritz shareholders have seen the value of their investment slump 18% so far this year. Short sellers are betting the stock has more to go.

JSE softens on stronger rand, while strong retail data surprises

2017-06-14 20:06

The rand continued to strengthen on the back of improved retail sales data.

Bidvest sees challenging trading environment for SA

2017-06-08 17:14

Bidvest Group, which has interests in expanding into catering space has said the local economic environment is a "major concern" and that it’s struggling to conclude government contracts.

New Look struggles with shoppers' 'buy now, wear now' mentality

2017-06-06 10:28

New Look retail has added to the gloom among Britain’s clothing retailers, reporting a full-year loss and warning of challenging times ahead as online competition increases.

Taste could spend R328m on Starbucks expansion

2017-06-04 06:02

Taste Holdings could spend as much as R328m on building up to 41 more Starbucks shops in Johannesburg, Pretoria, Durban and Cape Town, says CEO Carlo Gonzaga.

Bloggers touting makeup secrets spur Estee Lauder's sales

2017-06-01 14:58

Chinese millennials are becoming the world’s biggest beauty queens, thanks to the power of the internet.

Mr Price shares surge despite first earnings slump in 16 yrs

2017-05-30 11:46

SA's tough retail environment has eaten into Mr Price earnings over the past year, as consumers kept a firm hold on their wallets due to the current economic climate.

Bad Taste results sees share plunge

2017-05-29 17:37

Taste Holdings share price tumbled 10% following the release of its financial results.

Tiger Brands, Pioneer on the prowl

2017-05-28 06:00

Two of South Africa’s largest food companies, Tiger Brands and Pioneer Foods, are on the prowl for acquisitions.

Foschini Australian subsidiary acquires menswear retailer

2017-05-25 16:23

The Foschini Group says its Australian subsidiary TFG Retailers will acquire the entire issued share capital of menswear retailer the Retail Apparel Group.


UK retail sales fall more than forecast

2017-06-15 11:07

UK retail sales have plunged in May for the second time in three months as rising inflation ate into the purchasing power of consumers.

Drop in US retail sales signals uneven consumer spending

2017-06-14 14:39

US retail sales have fallen in May by the most since the start of 2016, reflecting broad declines in categories including motor vehicles and electronics.

Steinhoff falls as uncertainty hangs over mattress firm in US

2017-06-07 12:27

Steinhoff International's shares have slumped the most this year as the retailer reported profit margin at its US mattress chain underperformed.

Silver lining for Stuttafords staff

2017-06-06 05:00

Although disappointed that Stuttafords is in a winding down process, chief executive Robert Amoils said he is glad the retailer could at least pay staff their full retirement packages.

Famous brands enters Ghana, exits three African countries

2017-06-04 06:02

Famous Brands, Africa’s largest branded food service franchiser, had entered Ghana but exited the Democratic Republic of Congo, Ivory Coast and Tanzania.

Global ventures boost Spar growth as domestic market flags

2017-05-31 14:30

The Spar Group has announced that it achieved positive growth for the six months to March 31 2017, largely supported by diversification into international markets.

What next for Steers owner after buying spree?

2017-05-30 07:13

Africa’s largest branded food services franchisor has put its focus back on its winning outlets, following an acquisition spree which saw the company buy seven new firms.

Famous Brands earnings drop after shopping spree

2017-05-29 08:02

Africa’s largest branded food services franchisor Famous Brands has posted a 33% increase in revenue on the back of a robust acquisition spree.

E-commerce trends taking off in SA

2017-05-25 20:40

Kevin Tucker, founder of PriceCheck, maintains that the growing local e-commerce industry presents a solution for sector growth.

Solid results despite challenges - Tiger Brands

2017-05-25 14:42

Tiger Brands has announced its unaudited group results for the six months ended March 31 2017 and views it as solid.

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