Cape Town, W. Cape, SA – The rating agency Moody's Investors Service has concluded an update on Pepkor Holdings Ltd's credit analysis. Moody's has affirmed Pepkor's Corporate Family Rating of Ba2 and National Scale Long Term Rating of Aa1.za with a stable outlook. Moody's highlights Pepkor's stable operating performance with demonst ...more

Cape Town, W. Cape, SA – Former Western Cape agent for Brite Reef Swimwear, Spike Apparel and Sterling Clothing, Trevor Espey, has retired after 43 years as an agent.“In the early years, I represented Hang Ten in the Cape and later controlled the brand within SA Franchising,” he wrote. “What a long, lovely story. M ...more

Bata SA expansion programme: Retail partnerships, global brands ...more

Cape Town, W Cape, SA (May 27, 2020) – Mr Price Group wishes to affect a capital raise of up to 10% of the company’s ordinary issued shares at an appropriate point in time and as market conditions permit.       The COVID-19 pandemic has brought about and highlighted significant risks ac ...more

This is an extract from the report.Cape Town, W Cape, SA (August 7, 2019) – Pepkor increased revenue by 8.5% to R53.1 billion for the nine months ended 30 June 2019. Performance was supported by a stronger third quarter which saw revenue grow by 11.7%, largely benefitting from the shift of Easter to April. Trading however, remains v ...more

The investigation by German police into Steinhoff International Holdings NV ended negotiations in December by its Steinhoff Africa Retail subsidiary to take over another SA-based footwear chain, according to a source. No comment was available from either side last week.       Reports in various financial ...more