Steinhoff International divests UK furniture business to Alteri
South African retailer Steinhoff International has agreed to divest its furniture business in the UK...
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TFG to invest $35m in technology to adapt to changing retail trends
South African retailer The Foschini Group (TFG) has announced its plans to invest $35m in...
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M&As this week: KAR Auction Services, Robinsons Retail, Vingroup
KAR Auction Services Inc has agreed to acquire CarsOnTheWeb (COTW) for approximately €156m ($177m).
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Long4Life to buy South African fashion retailer Rage for $280.9m
Investment company Long4Life is set to purchase South African fashion retailer Rage Distribution Proprietary for...
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Online fashion retail brands Superbalist and Spree to merge
Online retailer Takealot.com is set to merge its online fashion brand, Superbalist, with Media24’s Spree...
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Brands ban mohair after animal cruelty investigation
Some of the biggest fashion labels have pledged to stop selling clothes containing mohair after...
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M&As this week: Leslie’s Poolmart, Zinox Technologies, Midwest Timer Service
Leslie's Poolmart has completed the acquisition of Valley Pool Sales (Valley Pool & Spa).
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M&As this week: Michelin, Virgin Group, Sparkle Roll
Michelin has completed the acquisition of a 25% stake in Tyreline Distributors and Beau Ideal...
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Steinhoff says accounting irregularities could go beyond 2015
South African retail firm Steinhoff International Holdings (Steinhoff), which received some major setbacks last year...
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