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Clicks Group to Acquire Sorbet Beauty Salons

Health and beauty retailer Clicks Group is to acquire Sorbet Holdings, the owners of the national chain of Sorbet beauty salons, for R105 million. The Sorbet Group is a beauty salon franchise chain of over 190 outlets across South Africa, operating under the Sorbet (all-round beauty therapy), Sorbet Man (men’s …

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Shoprite Group Operational Update for the Quarter Ended September 2022

This voluntary announcement is issued in conjunction with the Shoprite Holdings Annual General Meeting and serves to update shareholders on the Group’s first quarter period ended September 20220(“the first quarter”, “the period”). The Group Increased sales for the first quarter by 18.6%. Excluding RSA LiquorShop, the Group increased sales by …

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Woolworths Holdings to List on A2X

Leading South African retailer Woolworths Holdings Limited (WHL) will list their shares for trade on A2X Markets (A2X) from 2 December 2022. WHL will retain its primary listing on the Johannesburg Stock Exchange (JSE) and its issued share capital will be unaffected by its secondary listing on A2X. A2X is a licensed stock …

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