Clicks CEO Vikesh Ramsunder talks to Business Day TV about the retailer’s annual financial results
CEO Vikesh Ramsunder says the group plans to forge ahead with expansion and job creation despite weak economic climate
After boycotts over a TRESemmé advert, the pharmacy chain saw group headline earnings grow 12.2% for the year to end-August
The company reported a 4.4% increase in underlying sales for the third quarter, with the e-commerce business growing 76%
E-commerce surged during the lockdown and is expected to play a big role in future SA retailing
Luxury retailers were hit hard by the pandemic lockdown, but even the iconic maker of Birkin bags allows that online is now their ‘biggest store’
Online sales increased by 361% in the group’s six months to end-August, the second half of its financial year
That said, pay for Distell senior management in 2021 will be 12.5% lower than in 2020
Pick n Pay CFO Lerena Olivier talks to Business Day TV about the company’s interim performance
No opportunities have come Long4Life’s way that would be a better use for its cash than buying back its undervalued shares, says CEO Brian Joffe
Gareth Ackerman criticises regulations that allow consumers to buy alcohol at pubs but not retailers
CEO Laxman Narasimhan is banking on longer-term demand for soap and disinfectants beyond the pandemic
The JSE imposed a R7.5m fine for incorrect, false and misleading statements and a further R5m for failing to disclose an asset disposal
Alcohol on-demand app has branched out into grocery deliveries, offering more than 7,000 products
Lockdown weighs on group revenue amid restrictions on customer numbers and reduced trading hours
Arnault’s LVMH has posted unexpectedly strong third-quarter results as lockdown fatigue spurs spending
Gareth Ackerman also praised the country’s food retailers for keeping the nation fed during the lockdown
Group says there could be an insolvency sale of the business and assets
The move towards crossovers and away from sedans has been relentless, with SUVs and trucks likely to take more than 70% of the US market
CEO Ramachandran Ottapathu and founding member Ismail Farouk accuse firm of breach of independence
