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FMCG News

Africa's largest wine and liquor maker, Distell, expects to show continued growth in revenue and earnings, but at more modest levels because of the slowdown in consumer spending in South Africa and globally. 21 Aug 2008
Bolstered by a well-balanced and well-protected suite of compelling brands across the pricing spectrum and broader and stronger global distribution networks in developed and developing markets, Distell has once again shown its resilience to a global contraction in spending to report solid revenue and earnings growth for the year to 30 June 2008. 20 Aug 2008
Free petrol incentive from Mango
Mango airlines and fuel giant Total are teaming up to give away petrol in a South African aviation first. In a gesture to ease some of the pressure consumers feel when filling up their cars, the airline will, until 15 September 2008, provide each guest travelling on any of its routes with a R20 fuel voucher redeemable at any Total service station nationally. A return flight will secure R40 in fuel vouchers. 19 Aug 2008
The dance between two of the biggest players in the video games sector continues, and it's taking on a new tone. 19 Aug 2008
Volcanic new dessert from Moir's
Moir's is adding a hot new offering to its existing range of desserts and baking goods: Volcano Desserts. 18 Aug 2008
Furniture chain Lewis Group's revenue for the four months ended July 2008 increased by 7.4% compared to a 10% increase in revenue for the same period last year, the group's CEO, Alan Smart, said Friday. 18 Aug 2008
Ceramic tile, sanitaryware and bathroom accessory retailer, Italtile, reported a 7% jump in turnover to R2,77bn for the year to June yesterday, and said it expected profitability would be maintained despite tough trading conditions. 13 Aug 2008
Drugs and cosmetics company New Clicks has acquired a 60% stake in courier pharmacy business Direct Medicines for a cash payment of R13,2m. 12 Aug 2008
Connie Ferguson launches first SA celebrity fragrance
Actress, model, presenter, producer and philanthropist, Connie Ferguson, is making local history by being the first South African woman to launch her own celebrity fragrance, which has been named ‘True Self'. 8 Aug 2008
Scalini steps into Cape Town with style
High fashion and elegance will be in evidence when the new Scalini boutique opens its doors in the heart of the trendy Cape Quarter this month. The bespoke new clothing gallery is home to selected luxury European clothing and footwear brands, including Sergio Rossi, Fratelli Rossetti, Eres swimwear and Penny Black by Maxmara, to name a few. 7 Aug 2008
Sony Ericsson, in an exclusive partnership between Sony Ericsson and MGM Pictures/Columbia Pictures, is launching a limited edition Titanium silver C902 Cyber-shot phone as used by James Bond in the eagerly awaited Quantum of Solace. The new mobile phone will make sure users are ready for any challenge, immersing them into the world of a secret agent with interactive 007 content and a spy-style game. 6 Aug 2008
Simba names first woman CEO
Lauren Siebrits has been appointed as the new Chief Executive Officer of Simba, making her the first woman and South African to lead the Simba snacks business, says Arnold Veraart, the outgoing Sub-Saharan Africa General Manager. Simba has been wholly owned by US company, PepsiCo, since 1999. 5 Aug 2008
USA - Wonder why the smoking-hot 3G Apple iPhone only costs US$199, less than half the price of the original? Here's a two-word hint: Randall Stephenson. Stephenson, who became AT&T's chairman and CEO a year ago, championed the idea of paying Apple about $300 per device, analysts estimate, to help hold down the retail cost. 5 Aug 2008
Motorola performed better than analysts had expected in Q2, delivering net earnings of US$4 million on Thursday. Revenue was $8.1 billion, beating expectations by Wall Street analysts of $7.5 billion for the handset manufacturer. 4 Aug 2008
Tsotsi's Terry Pheto joins L'Oreal's Dream Team
Renowned South African actress Terry Pheto is joining cosmetic house, L'Oreal Paris's international list of Dream Team spokespersons. 1 Aug 2008
'Mario Kart,' 'Wii Fit' whip Nintendo into shape in Q1
Nintendo's profit for the fiscal first quarter surged 34% as sales of its hit Wii console shot up, underlining the success of the video game unit in attracting novice players. 31 Jul 2008
Estate launches maiden Methode Cap Classique
Helderberg wine estate, Eikendal, is adding to South Africa's lineup of Methode Cap Classique wines made in the style of French champagne, with the launch of its maiden MCC - Mon Desir 2005 - an elegant débutante made of 100% Chardonnay. 30 Jul 2008
Indulgent new range of luxury biscuits
Bakers Biscuits has entered the luxury biscuit segment with the launch of the ‘Baked with Love' Premium range of decadent treats. 30 Jul 2008
Year-over-year profits at Tokyo-based consumer electronics giant Sony fell 47% to US$326 million during the first quarter, and company officials predict a further decrease in profits later in the year. 30 Jul 2008
Flipflop fit for a man
Many men have overdone done it at the gym or on the sports field, and now have aching knees and stiff ankles. Offering a solution to the problem, Fitflop has launched a specially designed shoe for men that incorporates patent-pending microwobbleboard technology to maximize muscle-load while reducing joint strain. 29 Jul 2008
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