The company alluded to the impact of store closures in its outlook.
Ian Moir, Woolworths Holdings chief executive officer, has relocated to Australia from South Africa in an attempt to turn around the struggling David Jones.
The basketball star’s second collaboration collection is centered around the art, culture and fashion of the nation.
The brand’s opening in Pretoria comes as other overseas retailers have pulled out of the slow-growing economy.
Garrn, who who portrayed a secret German agent in Marvel Studios’ “Spider-Man: Far From Home,” launched her namesake foundation in 2016.
From its establishment in 2012, Jumia was conceived as a pan-African, e-commerce platform and it has been dubbed an “African Amazon.”
The American investor has helped bring the South African footwear brand Veldskoen to the U.S. market.
While department store chain Edcon narrowly averts going out of business, its competitor The Foschini Group continues to thrive.
The Hi-Tec sneakers that Mandela wore walking out of prison are now on permanent display at the brand’s store in Stellenbosch, South Africa.
South-African jewelry retailer AmericanSwiss has opened six units to test the market, with plans to open up to 100.
The exhibit marks 21 years of South African Fashion Week.
An all-star concert on Dec. 2 will be headlined by Beyoncé, Jay Z, Ed Sheeran, Pharrell Williams, Chris Martin of Coldplay, Wizkid and Usher honoring Mandela on the 100th anniversary of his birth.
Superga has teamed with Pichulik, a Cape Town-based jewelry label, to create three limited-edition sneakers.
Financial backing and access to international markets are key issues for AFI-supported designers, who often need to learn about trade treaties and scaling up production.