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Retail

Fit for a president: Ramaphosa's proud tailor hopes locals will follow suit

Jun 21 2019 13:30

It took a day to make the suit worn by President Cyril Ramaphosa for his State of the Nation Address, and the company that created it hopes the nation will be inspired to buy locally-made goods.

Retail

Steinhoff shares fall by 8% after earnings report shows R19.3bn loss for 2018

Jun 19 2019 09:28

The group had delayed publishing its 2017 and 2018 earnings reports to give auditors PwC time to complete a 15-month forensic probe into its books.

Retail

Steinhoff announces loss of almost R20bn for 2018

Jun 18 2019 22:55

The Stellenbosch-headquartered conglomerate published its delayed 2018 earnings report on Tuesday evening after the close of SA markets.

Retail

Steinhoff set to release its delayed 2018 earnings report

Jun 18 2019 06:00

The Stellenbosch-headquartered retailer has predicted that its audited 2018 financial results would show reduced net sales due to disposals, a weak global economy, strong competition and reputational damage.

Retail

EXPLAINER: If you have 'tippers regret', can you really ask for a refund?

Jun 18 2019 05:00

A local waitress made headlines when she received a R20 000 tip – and promptly lost it, when the patron's wife requested that it be returned. But what if the restaurant had said no? Fin24 found out.

Retail

Saudi Arabia to start taxing sugary drinks in December

Jun 15 2019 15:49

Saudi Arabia will begin implementing a new excise tax on sweetened drinks from December 1, according to the official gazette, as the kingdom seeks to boost non-oil revenue.

Retail

Old Mutual Private Equity tries Footgear on for size

Jun 12 2019 21:40

In a joint statement announcing the conclusion of the transaction, Footgear CEO Neil Stephens said the deal was an opportunity for Footgear to grow its reputation as a branded footwear retailer of choice in South Africa.

Retail

Steinhoff, Tongaat woes raise auditor scrutiny

Jun 09 2019 13:48

Accounting scandals are spurring auditors to weigh tougher measures for the profession, says Bernard Agulhas, the head of SA’s Independent Regulatory Board for Auditors.

Inside Fin24.com

 
Retail

WATCH: Beyond Meat sparks food fight

Jun 07 2019 18:06

Beyond Meat is fighting to sell its plant-based burgers at the meat counter at supermarkets. But as Fred Katayama reports, some retailers say those products may be more suited to the vegan section.

Retail

Luxury group lifts shares on Vuitton's 'unheard of' China growth

Jun 05 2019 21:33

LVMH shares gained after the head of the Louis Vuitton brand gave a rosy view of its China business, easing concerns about the effects of a trade war with the US.

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