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The Style Group innovates with modern social media commerce

Nigerian contemporary lifestyle retail group, The Style Group is offering fashion, accessories and design services via modern social media commerce. In the booming social media and e-commerce market of Nigeria, its model is a hit and is reaching thousands of Nigerians eager to shop online.

17 Feb 2017

Lagos store brings modern African luxury to Nigeria's rich

LAGOS - Take a sought-after architect, add the king of "new Africa cuisine" and a smattering of famous designers, and you get a concept-store in Lagos that seeks to bring modern African luxury to Nigeria's ultra-rich...

6 Jul 2015

Luxury goods firms taking the battle to Africa

Investment interest has grown in Africa's frontier markets this year and the region is set to become a key battleground for the luxury goods industry.

By Zeenat Moorad 27 Dec 2013

Edcon to distribute UK brand River Island in SA

Unlisted retail group Edcon has signed a franchise deal with British high street brand River Island‚ providing the local leading company with sole distribution rights in SA.

By Zeenat Moorad 19 Dec 2013

Luxury brands turn attention to Africa

Africa's growing middle class has expensive tastes and research by Bain & Company suggests that luxury goods sales will increase by 11% this year - demonstrating the continent's potential for upmarket goods.

By Zeenat Moorad 5 Nov 2013

Pepkor performance 'outshines listed peers'

It's clear from the latest Brait investment presentation that the delisting of fashion retailing conglomerate Pepkor in 2004 robbed the JSE of an outstanding consumer business.

By Marc Hasenfuss 1 Nov 2013

African and US clothing industry seek renewal of African export initiative

The apparel manufacturing‚ brand‚ and retail industries in Africa and the US have joined forces in an effort to lobby for the immediate renewal of the African Growth and Opportunity Act (Agoa)‚ which is due to expire in 2015.

By Bekezela Phakathi 23 Oct 2013

Truworths slows drive into Africa

Truworths has adopted a cautious and incremental approach to store expansion plans outside SA in order to gain a better understanding of the operating environment and the market potential, the fashion retailer said in its annual report, released last week.

By Zeenat Moorad 30 Sep 2013

Retailers hit sweet spot in Africa

Africa's scope for investment is steadily increasing and demand for more formal retail options from shoppers is following suit.

By Zeenat Moorad 26 Aug 2013

Truworths diluted earnings up 8.4% to 560.7c

Fashion retailer Truworths International boosted fully diluted headline earnings per share by 8.4% from 517.1c to 560.7c for the year to June.

23 Aug 2013

Edcon's first quarter retail sales up 3.2%

Retailer Edcon said on Thursday (22 August) that retail sales increased 3.2% to R6.205bn in the first quarter of the current financial year.

23 Aug 2013

Truworths profit of R1,9bn in six months

Fashion retail group Truworths International on Wednesday (20 February) reported a 19% increase in diluted headline earnings per share to 324.8 cents for the six months to December.

21 Feb 2013

[2013 trends] Africa's dynamic markets

The year 2013 for most brands, especially the ones coping with saturated markets in developed countries, will be a decisive one. Incorporating Africa into their corporate brand strategy, if they haven't done so, will be the better part of valour, so to speak.

By Obaika Consulting Team 31 Jan 2013

Mr Price takes aim at Nigerian market

Retailer Mr Price is eying Nigeria, a market it says could host up to 100 stores, if it could only end its ban on the import of clothing.

By Michael Bleby 22 Nov 2010

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