The German fashion house will reportedly sell its Russian business to retailer Stockmann
World’s second-largest brewer says beer volumes rose 4.7% in the January-March period
It needs to show it can move to the next level locally — and there are few signs this is happening
Sales for the three months ending in March were down 10% on a comparable basis at €4.5bn
However, growth slowed in the fourth quarter to 2.2% and monthly industry data has consistently shown Asda underperforming its bigger rivals
Strong first-half performance is mainly attributable to Daybrook’s higher fishmeal and fish oil sales volumes
UK fashion chain warns of administration if turnaround plan fails to be implemented
CEO Tjaart Kruger says group is restructuring into a ‘leaner and meaner’ machine
Margins locally fell due to rising cost pressures, high interest rates, high shipping costs, decline of the rand, load-shedding and fuel costs
British supermarket group sees early signs of improving consumer sentiment
The double whammy of the weather pattern and climate change has devastated cocoa production
The two see opportunities in Poland and Eastern Europe as a whole, where growth rates are set to outpace those of more mature Western markets
Grocer arguably needs offshore earnings to service its hefty euro-denominated debt, but its core — and biggest — business is in SA
Kering says the investment is part of the luxury group’s selective real estate strategy
The high-end food and clothes retailer believes pet care is a fast-growing market with ‘substantial growth potential’
Company stops direct deliveries to lower-volume retailers amid plunge in legal cigarette sales
CEO Anthony Thunström has been fulfilling the roles of CFO and CEO since December
Fashion retailer to focus on core clientele after rivals snatch market share over the past year
CEO Duncan Lewis says he is an optimist about growing economies in Southern and East Africa
