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Ancora Group

The co-CEO of German online fashion giant Zalando, which has a $23 billion market value, is stepping down so he can focus on his wife’s career, the company announced Sunday.“My wife and I have agreed that for the coming years, her professional ambitions should take priority,” Ritter said.The co-CEO of Europe’s largest fashion site, Zalando, is stepping down to spend more time with his family and focus on his wife’s career, the Berlin-based online fast fashion giant announced in a statementSunday.Rubin Ritter had shared the top role with two otherSEE DETAILS <span class="mo...

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Ancora Group

Pharmacy, health, and beauty retailer Clicks has opened its 750th store at the Cape Quarter in Green Point, Cape Town.Vikesh Ramsunder, Clicks Group CEO and staff at the opening of Clicks 750th store at Cape Quarter in Cape Town. Clicks Group CEO Vikesh Ramsunder said that the Group was committed to job creation, investment, and growth of the South African economy. “Covid-19 has been so disruptive to the economy and people’s lives. I am proud that Clicks continues to invest in South Africa, creating jobs and growing our business in suchSEE DETAILS

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Ancora Group

Woolworths has partnered with social enterprise Essay Gifts, which has designed and produced Christmas baubles using the principles of a circular economy for plastics.The baubles have been handcrafted by Essay Gifts’ talented artisans using over 13,000 used plastic water bottles which could otherwise have ended up in waste streams. The baubles are also fully recyclable, so there’s a chance for a third life and no need for them to ever contribute to plastic waste.These locally handmade, recycled plastic decorations will be on sale in Woolworths stores, and will also featureSEE DETAILS

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Ancora Group

Franchises have been an integral part of South Africa’s cultural and business landscape, through good times and bad, for over 40 years – and Covid-19 is forcing the sector to innovate like never before.South Africa’s affinity towards franchises dates back to the early 1980s, when a Johannesburg restaurant placed a single advertisement in a local newspaper seeking franchisees for their new burger chain idea.The advertisement generated hundreds of enquiries, and within two years it had expanded to a chain of 15. Today, that humble restaurant, now known as Steers, hasSEE DETAILS ...

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Ancora Group

As others in the retail sector struggle, second-hand specialist Cash Crusaders says its sales have jumped by 16% over the past year.Trade in second-hand goods is traditionally strong during an economic slump, with cash-strapped buyers looking for bargains, while under-pressure consumers are keen to sell their goods for cash. But the company says new products were a strong driver of sales growth during this period.Cash Crusaders has a range of its own, private label products, including Doogee smartphones, Dixon home appliances, Beyer and Dixon DIY appliances; Dixon Audio appliances, Sanchez Musical Equipment,SEE DETAILS <span class="mor...

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