South African retailer Pick n Pay has opened its fifth and sixth Pick n Pay stores in Soweto, underscoring the group's growing market share in the area. 28 Apr 2009
One billion rand of the clothing industry's contribution to GDP was wiped out last year and more than 10,000 jobs were lost — about 10% of the industry's workforce. And that was when SA was still on the periphery of the global economic crisis and before it had entered a recession. 28 Apr 2009
Couturier to the stars Gavin Rajah claims he has fallen victim to the man accused of a scam that exploited the name of international model Tyra Banks. 28 Apr 2009
The liquor and advertising industries are bracing themselves for next month, when government is expected to say whether it will forge ahead with plans to ban alcohol advertising. 28 Apr 2009
Retail group Tradehold Limited advised that it expects to report a headline loss per share of 0.8 pence for the year ended 28 February 2009. 28 Apr 2009
Five South African restaurants are among the top 100 in the world. 28 Apr 2009
Clicks is accelerating the roll-out of new pharmacies as many other businesses slash expansion plans. 28 Apr 2009
NEW YORK: US online retail giant Amazon announced a 24% increase in quarterly net profit on Thursday, 23 April 2009, and said sales of its electronic book reader, the Kindle, had exceeded expectations. 24 Apr 2009
Packaging company Nampak advised on Friday that its headline earnings per share and basic earnings per share are expected to be between 35% and 45% lower than the 109.9 and 110.4 cents per share respectively for the six months ended 31 March 2009 from the year earlier period. 24 Apr 2009
Food retailer Pick n Pay said Thursday, 23 April 2009, it would back any of its suppliers who wanted to lodge a complaint with the competition authorities over the recent steep hike in steel prices. 24 Apr 2009
Fitch Ratings says in a special report published Thursday, 23 April 2009, that the global economic downturn is having an increasingly negative impact on the demand for manufactured goods from South Africa. 24 Apr 2009
LUXEMBOURG: Placing luxury goods such as Christian Dior products in discount stores can affect their quality, a European court ruled on Thursday, backing the French fashion house in a copyright case. 24 Apr 2009
Rex Trueform, Seardel and indirectly, Brimstone are the only remaining listed clothing manufacturers on the JSE, and they are hanging by a thread. In six years the clothing industry has shed 39,000 jobs as the companies have failed to grow their market to grow their market caps significantly. 24 Apr 2009
Chairman of retail giant Pick n Pay, Raymond Ackerman, received an honorary doctorate from the University of KwaZulu-Natal today, 24 April 2009. Ackerman was awarded a Doctor of Commerce degree in recognition of the role that he has played in shaping the retail and economic landscape of South Africa. 24 Apr 2009
South African manufacturer of canned goods, cooking oil and detergents, Darsot Food Corporation, has received the International Star for Leadership in Quality Award for consistently producing premier quality food products. 23 Apr 2009
The global economy is changing. For many consumers, the credit card crunch is crumbling their ability to buy things online. 23 Apr 2009
All the rhetoric about how important South Africa's clothing and textile industry is for poverty alleviation and the years spent around policy development for this industry sector has been unbundled by the revelation that ANC election T-shirts were made in China. 23 Apr 2009
With about 15 months to go until the start of the 2010 FIFA World Cup, Woolworths has designed a marketing campaign for winter 2009 aimed at reminding South Africans of all the reasons there are to believe in ourselves and to remember what we can accomplish when we put our minds to it. 23 Apr 2009
Players in the packaging industry have a number of critical roles to play in today's consumer environment. Adam Botha, creative director of the Switch Group brand consultancy, says that both designers and packaging producers can make a vital contribution in changing clients' and consumers' mindset and encouraging the responsible development and disposal of packaging. 23 Apr 2009
GENEVA: Swiss food giant Nestlé on Wednesday, 23 April 2009, said first quarter sales fell 2.1% to 25,2 billion Swiss francs (€16,7 billion, US$21,6 billion), hit by negative currency exchange rates. 23 Apr 2009
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