Read the latest sports retail trade news
- Not only has the JSE fined Pepkor R5-m for failing to disclose relevant arrangements in its pre-listing statement of 4 September 2017, the company also had to issue a trading statement last week to warn that a significantly lower share price can be expected.
- Nike’s decision last year to by-pass retailers and become an Official First Party Seller on Amazon backfired.
- A new local brand was last week launched into a few retail stores. “Ama ‘Tekkie is a true South African brand,” says Reinhard Barnard, founder of the brand, which he registered ten years ago.
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