Advertise with

Luxury’s turmoil sparks Coach-Burberry merger chatter

28/10/2016 - 10:19

Although neither retailer has commented on the speculation and a Reuters report asserted the brands were not in active merger talks, the rumored $20 million Coach-Burberry merger does cast a shadow over the direction of the luxury vertical as revenue continues to dwindle. The personal luxury goods market is set to grow at 0.1%, its lowest annual rate since 2009, forcing brands to seek new options to recapture that lost revenue, cut operating costs, or both. 

The possible pairing of the Coach and Burberry brands wouldn’t be as odd as it may seem up front, argues Greg Portell, a lead partner in the Consumer Products & Retail practice at A.T. Kearney. For one, the brands already have complementary product lines and are actively targeting different audiences anyway. “If they s... 


Subscribe to all news from

South Africans to pay more tax next year

28/10/2016 - 10:05

Cape Town – South Africans will pay more tax next year. ...

Woolworths tops the scoreboard in renewable commitment

28/10/2016 - 09:20

A bi-annual update on Greenpeace's Shopping Clean: Retailers and Renewable Energy report shows that Woolworths is still makin...

Harrods set to record 7th year of sales & profits increase

27/10/2016 - 16:02

world-renowned department store Harrods is expected to post record sales and profits for the seventh year in a row next week,...

South African private labels now account for R38.4bn of consumer spend

27/10/2016 - 15:31

Private labels (PL) or house brands are no longer the poor cousin of the retail trade; the new Nielsen 'State of Private Labe...

Heineken cheers rise in Q3 beer sales

27/10/2016 - 11:49

THE HAGUE - Dutch brewing giant Heineken toasted a 2.0 percent growth in global beer sales for the third quarter, boosted by ...

Clicks's UK franchises show strong sales growth

27/10/2016 - 11:44

Clicks reported on Thursday that group revenue was up 9.6% to R25.5bn for the year to end-August....

Spar South Africa promotes sustainable seafood

27/10/2016 - 09:49

Spar South Africa has taken steps to ensure that its own brand seafood supports sustainable and well-managed fisheries, as pa...