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Edcon, once the biggest fashion retailer in SA, went into business rescue at the end of April. CEO Grant Pattison, in charge for the past 2 years, blamed the lockdown as the final straw in the long slide which began in 2007 when it was acquired by US private equity firm Bain Capital for a - with hindsight - unsustainable R25 billion and d ...more
Wholesaler/retailer London Shoes has 4 stores in the Western Cape, each with a different landlord, and each has reacted differently, director Maon Saxe said. "Landlord 1 is Redefine," he said, "and they've been excellent. Before the lockdown was extended, they offered a 70% discount ...more
Cape Town, SA – Both as a footwear designer and as an entrepreneur, Grandt Mason has been genuinely creative in the development of his business.The company he has spent 15 years building – Grandt Mason – is a successful artisanal manufacturer of men’s and women’s comfortable fashion footwear with 3 retail out ...more
Morné Howell, Afro-Thai ImportsPort Edward (SA) – On Tuesday last week I put out my price list for the year – now we might have to revisit some of them. We were very upbeat – we still are – about our range, but the economy will contract if the Rand keeps falling. We’re more concerned about the end con ...more