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CLOTHING RETAIL NEWS ON FASTMOVING

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Abercrombie dives most since 2000 as sales growth starts to wane

Abercrombie dives most since 2000 as sales growth starts to wane

03/06/2019 - 09:00
For apparel retailers, the plot has to unfold just right for investors to buy into the narrative. And by the market’s reaction, they clearly did not stick to the script. read more
Hugo Boss pins growth hopes on store revamps

Hugo Boss pins growth hopes on store revamps

06/05/2019 - 14:58
Hugo Boss says the renovation of several major stores should revive sales growth after the German fashion house reported a drop in first-quarter earnings due to reorganisation costs, higher marketing spending and a strong US dollar.  read more
Ackermans shines again at AskAfrika Kasi Star Brands Survey

Ackermans shines again at AskAfrika Kasi Star Brands Survey

24/04/2019 - 10:47
The 10th annual AskAfrika Kasi Star Brands Survey, which measures brand relevance across all segments of the demographic, has awarded leading value retailer Ackermans the top award in the Clothing Retail: Children’s category. read more
Relief for Edcon as lenders extend waivers

Relief for Edcon as lenders extend waivers

21/12/2018 - 13:56
Clothing retailer Edcon has been given some breathing room by its lenders as it struggles for survival. The group, which confirmed that it was in talks with its funders and other stakeholders, said its lenders have extended waivers to allow time for the implementation of its restructuring and recapitalisation. read more
Edcon is looking for white-knight investors

Edcon is looking for white-knight investors

21/12/2018 - 08:34
Troubled clothing retailer Edcon confirmed it is in talks with new investors in its efforts to ensure its survival. read more
Global fashion retailer LC Waikiki opens first store in Cape Town

Global fashion retailer LC Waikiki opens first store in Cape Town

11/12/2018 - 09:27
Global fashion retailer, LC Waikiki opened their first store in the Western Cape at Tyger Valley Shopping Centre on Saturday 08 December 2018. LC Waikiki offers on-trend, well-priced clothing for all occasions for women, men and children with the brand philosophy of “Everyone deserves to dress well”.  read more
Truworths commits to transformation of its board

Truworths commits to transformation of its board

02/11/2018 - 11:57
Clothing retailer Truworths, which has been targeted by activist shareholders because of the dominance of long-standing white males on its board and executive management team, says it is fully committed to transformation and is on track to reach its board-level BEE targets within 18 months. read more
Ackermans receives top nod at AskAfrika Icon Brands awards

Ackermans receives top nod at AskAfrika Icon Brands awards

24/08/2018 - 13:46
South Africa’s leading value retailer, Ackermans, has been awarded Icon Brand status as AskAfrika’s 2018/ 2019 Icon Brands insights awards event. In addition, Ackermans was also a winner in the Clothing Retail: Children’s category.  read more
H&M looks to SA as potential clothing supplier

H&M looks to SA as potential clothing supplier

22/05/2018 - 14:12
H&M is looking at SA as a potential supplier, with executives from the world’s second-largest clothing retailer visiting some of the country’s main cities.  read more
Truworths falling short of the mark

Truworths falling short of the mark

22/02/2018 - 08:28
With the group trailing its clothing peers, some wonder why its long-standing boss has not resigned yet. read more
No relief in sight for local clothing retailers in 2018

No relief in sight for local clothing retailers in 2018

07/11/2017 - 09:28
Clothing retailers are likely to see single-digit growth in future as low sales, worsened by weak economic growth and international competitors entering the market, continue to put the sector under pressure. read more