Can Superbalist grow?
The Citizen|September 18, 2024
Shein overtakes the SA retailer, while Bash is different kind of threat.
Can Superbalist grow?

It's rather amazing that Naspers Takealot unit managed to offload online fashion retailer Superbalist.

The unit has been shopped around for a while, with news of the sale first emerging in March.

You can be sure that everyone's had a look at the business, including the listed retailers such as The Foschini Group (TFG), Mr Price Group and Truworths.

Retailability, owner of Edgars, Legit and a number of other brands, would've likely had a glance too.

Of course, TFG has invested hundreds of millions in Bash, a single app and web-driven platform that brings together the group's dozens of brands in a single place. There's no point in buying Superbalist save for acquiring market share.

It no doubt believes it can continue taking share organically.

Very little is known about the consortium of "retail and private equity investors" led by Blank Canvas Capital that bought Superbalist, but it has moved swiftly to remove the direct links to the broader Takealot Group.

Denne historien er fra September 18, 2024-utgaven av The Citizen.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra September 18, 2024-utgaven av The Citizen.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA THE CITIZENSe alt
'Musica' headed for SA
The Citizen

'Musica' headed for SA

Cruising is just lekker. There is no other word or phrase that would really do it justice, hyperbole aside.

time-read
2 mins  |
November 09, 2024
Museum of military history
The Citizen

Museum of military history

Symbolic home of soldiers and veterans worldwide

time-read
3 mins  |
November 09, 2024
Camping ain’t for sissies
The Citizen

Camping ain’t for sissies

It enriches, yes, but sometimes leaves you poorer

time-read
3 mins  |
November 09, 2024
Boks are fully loaded
The Citizen

Boks are fully loaded

ERASMUS: NOT SCARED TO FLIP BACK TO HIS 7-1 BOMB SQUAD BENCH SPLIT

time-read
2 mins  |
November 09, 2024
India draw first blood
The Citizen

India draw first blood

Turning out against the global champions for the first time since they were edged in their memorable battle in the T20 World Cup final earlier this year, the Proteas stumbled again last night as they were completely demolished by India in the first of four T20 Internationals in Durban.

time-read
1 min  |
November 09, 2024
Make-or-break for Bok five
The Citizen

Make-or-break for Bok five

The Springboks get down to business tomorrow in their opening game of their end-of-year-tour against Scotland at Murrayfield in Edinburgh and they will be gunning to get off to the best possible start. They will be eager to cap a magnificent year with a clean sweep on their tour to the UK. Ross Roche looks at a quintet of players that will be eager to seize their chance to impress on tour.

time-read
3 mins  |
November 09, 2024
The Citizen

Some game-changing boxes still left for coach Rassie to tick

The Springboks take on Scotland, England and Wales over the next three weekends in Edinburgh, London and Cardiff respectively.

time-read
2 mins  |
November 09, 2024
Jones wary of Dupont 'threat'
The Citizen

Jones wary of Dupont 'threat'

Evolving France face Eddie Jones' struggling Japan in the a November international today with superstar Antoine Dupont (above) making his first 15-a-side appearance for the hosts in more than a year.

time-read
1 min  |
November 09, 2024
Drafting Suaalii was never a risk
The Citizen

Drafting Suaalii was never a risk

WALLABIES: FACING ENGLAND IS A HUGE 'OPPORTUNITY'

time-read
2 mins  |
November 09, 2024
The Citizen

'Rusty' Azzurri not bothering Quesada

Gonzalo Quesada expects his Italy team to be ring rusty when they take on his home nation Argentina in the Azzurri's opening November Test match today, hoping to end a positive year on a high.

time-read
1 min  |
November 09, 2024