German fashion house gains US market share with double-digit growth
Burger giant McDonald’s saw global sales growth slow for the fourth straight quarter
Group wants global exposure to high-growth food categories to act as buffer to local weakness
Business Day TV speaks to Clicks CEO Bertina Engelbrecht
Low- and high-price segments are growing fast while ‘middle is a bit squeezed’
Capital investment of R920m planned as it aims to open at least 50 new outlets this financial year
Bank’s results show the Chinese fashion retailer and Takealot lead the e-commerce stakes
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
