Retail | Fin24

Black Friday sales disappoint, but retailers can still score with holiday shopping

Dec 08 2018 13:00

Despite growing discounting levels, Black Friday sales decreased by 2% and in-store spending declined by 10%, according to data from retail management platform Vend.


Forensic report into Steinhoff finances delayed

Dec 06 2018 09:19

Steinhoff had hoped that PwC's independent forensic probe would be complete before the end of the year so that it could publish its latest verified financial reports.


One year on, Steinhoff's Jooste is still left in peace

Dec 05 2018 22:01

It’s exactly a year since Markus Jooste quit as CEO of Steinhoff International at the start of an unfolding accounting scandal and share-price collapse. Yet so far, the 57-year-old has been largely left in peace.


Listeriosis: Tiger Brands to cooperate with class action - but maintains it's not guilty yet

Dec 03 2018 20:06

Tiger Brands chief corporate affairs officer Mary Jane Morifi said the company would support the class action notice process to ensure that anyone with a legitimate claim can be informed of the class action.


Pepkor chair on Steinhoff and Tekkie Town: It was the Year of the Struggle

Nov 27 2018 09:49

The year 2018 will go down in Pepkor's history as the Year of the Struggle - one filled with unexpected crises and drama, says its chair Jayendra Naidoo.


JSE fines Pepkor Holdings R5m for breaches of listing requirements

Nov 26 2018 08:31

The JSE has fined Pepkor Holdings, formerly known as Steinhoff Africa Retail, R5m for breaching the local bourse's listing requirement, with R1m suspended for two years.



Dolce & Gabbana shows that marketing blunders know no borders

Nov 23 2018 13:35

Outrage is spreading in China over a video ad campaign for Italian luxury brand Dolce & Gabbana that shows a Chinese model struggling to eat spaghetti and pizza with chopsticks.

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