The Durban couturier and fashion darling, Haroun Hansrot, is preparing to open his first signature store, “75”. As well as his own range, Hansrot will be showcasing the garments of well-known and up-and-coming Indian designers. 17 Aug 2009
Gonubie's newest shopping mall has been dealt a severe blow after the owners of the R120 million development were placed under provisional liquidation. 5 Aug 2009
FRANKFURT, GERMANY: German fashion group Hugo Boss said on Thursday, 30 July 2009, that its net loss had more than doubled in the second quarter but forecast an improvement next year. 31 Jul 2009
Supply chain management business Super Group on Thursday advised shareholders that it was expecting to report a consolidated net loss for the financial year ended 30 June 2009 of between R1.120 million and R1.370 million, resulting in a loss per share of between 245 cents and 299 cents, and a headline loss per share of between 141 cents and 195 cents. 30 Jul 2009
USA: Microsoft is planning to open its first two retail stores in Arizona and California this fall. 30 Jul 2009
THE HAGUE, NETHERLANDS: Dutch retail giant Ahold reported second quarter sales of €6.43 billion (US$9.2 billion), yesterday, Tuesday 28 July 2009, up 11.5% from a year earlier but short of analyst forecasts for €6.55 billion. 29 Jul 2009
PARIS, FRANCE: French luxury giant LVMH, maker of Louis Vuitton bags and Moet champagne, a 23% profit drop for the first six months of 2009 to €687 million ($977 million). 28 Jul 2009
Retailer of building materials Cashbuild said in a voluntary trading update on Monday, 27 July 2009, that revenue was up 18% from the fourth quarter of the prior financial year. 27 Jul 2009
Retailer Woolworths Holdings said on Thursday, 23 July 2009, it estimates that EPS for the year ended 30 June will be between 40% and 50% higher than the results of the prior year. 24 Jul 2009
Furniture and electrical goods retailer Lewis yesterday, 22 July 2009, received a “buy” rating from the Bank of America citing the group's proven business model and low cost base. 23 Jul 2009
Retail group Truworths International (TRU) anticipates that both basic and headline earnings per share for the 52 week trading period to 28 June 2009 will be between 10% and 15% higher than those reported for the 53 week period to 29 June 2008. 20 Jul 2009
The country's third-largest supermarket group, Spar Group Limited, is selling 10% of its shares to staff and franchise employees in a R1-billion deal. 17 Jul 2009
The R1.77 billion first phase of Sandton City shopping centre's repositioning is gathering momentum, as demolition has wrapped up and bulk earthworks gets underway at what some claim to be South Africa's premier retail destination. 14 Jul 2009
Motorists can now pay by credit card for their fuel at 600 Engen 1-Stop and Quickshop service stations across the country, the South African petrol and diesel retailer announced. This follows a law amendment that allows dealers to accept credit cards, partly to accommodate the massive influx of international visitors expected in 2010. 13 Jul 2009
In the middle of a deep recession, Shoprite was still able to perform better that most of its competitors, an analyst said Thursday, 9 July 2009. 10 Jul 2009
Massmart Holdings reported on Wednesday, 8 July 2009, that total sales for the 52-week period to June 28 2009 increased to R43.1 billion, a growth of 10.4% over the prior year's 52-week period, with inflation estimated at 11.4%. 9 Jul 2009
British luxury clothing company Hackett is looking to expand in South Africa despite a downturn in the retail sector. 8 Jul 2009
A new range of lingerie designed and manufactured specifically for South Africa‘s bigger busted women has arrived in Port Elizabeth. 3 Jul 2009
Retail group Woolworths on Wednesday, 1 July, said a non-cash, unrealised foreign exchange loss of R79 million would be recognised in the income statement for the year ended 30 June 2009. 2 Jul 2009
Amidst the doom and gloom of the current global recession, Cape Union Mart is aiming to capitalise on the opportunities created by the FIFA 2010 World Cup and the economic potential of South Africa with the launch of its massive 2,200m² standalone “pod” at the Canal Walk Shopping Centre in Cape Town, which officially opened its doors on Friday, 26 June 2009. 29 Jun 2009
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