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Rupert positive despite Richemont challenges

May 22 2015 11:39

Luxury goods group Richemont' s results show resilience despite some challenges and a volatile consumer environment, says its chair Johann Rupert.


Krispy Kreme enters SA market

May 21 2015 18:02

Global retailer Krispy Kreme has signed a development agreement with a local company to open shops in South Africa.


Tesco paid new boss £4m in first six months

May 21 2015 11:31

Britain's biggest retailer Tesco paid new chief executive £4.1m in the six months after luring him from Unilever and tasking him with turning around the firm.


Tiger Brands fires Kenya unit managers

May 20 2015 14:45

Tiger Brands has fired managers at its Kenyan unit after they overstated sales last year to achieve operational targets.


Spar profit rises on Irish retail unit takeover

May 20 2015 10:41

Spar's first half profit has jumped after the food and liquor retailer acquired its Irish counterpart and has sold more lower-priced own brand products.


M&S profit rises for first time in four years

May 20 2015 11:45

Marks & Spencer have raised hopes that it has finally rediscovered a winning formula, reporting a rise in annual profit for the first time in four years.


Pioneer shares up on profit rise

May 18 2015 12:30

Pioneer Food Group has posted a 39% growth in half-year profit, sending the shares of the country's second-biggest consumer goods maker higher.


Toys R Us to close oldest toy store in US

May 17 2015 13:46

Toys R Us is closing its iconic FAO Schwarz store, citing the high and rising costs of running the retail space on New York City's pricey Fifth Avenue.


The SA billionaire buying Britain’s High Street

May 17 2015 12:11

If you spend any money on a British high street in the coming months, there’s a good chance you’ll be giving some of your cash to a billionaire you’ve never heard of.


Curro schools may face competition probe over uniforms

May 17 2015 15:00

Curro Holdings’ exclusive agreement with a school uniform supplier – which it owns – may end up landing the group in the sights of the Competition Commission, which has been looking into the high cost of uniforms at schools across the country.

Inside Fin24.com


SA's Brait buys Britain’s New Look for R14.2bn

May 15 2015 16:16

Brait SE says it will pay $1.2bn (R14.2bn) for virtually all of budget clothes retailer NewLook, giving it a substantial presence in Britain's fashion markets.


Ackermans shining example of how to cut electricity costs

May 15 2015 06:46

An innovative project by retailer Ackermans to save electricity and reduce costs has landed them a hot prize at the African Utility Week in Cape Town.

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