Monthly Archives: November 2024

supply chain sector

Rise In E-Commerce Activity Boosts SA’s Supply Chain Sector

Despite facing ongoing challenges, South Africa’s supply chain sector is experiencing growth fuelled by a surge in e-commerce and advancements in technology.

This is according to Deputy President Paul Mashatile, who was speaking at the opening ceremony of the China International Supply Chain Expo (CISCE) in Beijing on Wednesday.

“Our business communities have been resilient and adapting through strategies like diversifying suppliers, holding more inventory, and investing in digital transformation,” he told delegates.

Mashatile is in China for a strategic working visit, which began on Monday. Its aim is to strengthen bilateral relations and enhance economic cooperation between the two nations.

The Deputy President participated in the CISCE at the invitation of Ren Hongbin, the chairperson of the China Council for the Promotion of International Trade (CCPIT). The prestigious event highlights the latest advancements in supply chain management.

Mashatile said this high-level expo is essential for both countries, as it fosters trade, investment, cooperation, innovation and learning within the global supply chain ecosystem.

“South Africa is committed to strengthening global supply chains and fostering resilience in the face of challenges. In today’s rapidly changing world, the global supply chain landscape is facing unprecedented challenges, from natural disasters to political upheavals.”

He assured the expo that government has also adopted policies and strategies that are conducive for businesses to thrive.

“We understand the importance of building robust supply chains that can withstand disruptions and ensure the efficient flow of goods and services.

“Our diverse economy and strategic location make us a natural gateway for trade and investment, connecting Africa to the rest of the world.”

The Deputy President described China as an essential partner in South Africa’s economic journey, recognising significant opportunities for collaboration and mutual growth.

“Together, we can leverage our strengths and capabilities to further build supply chains that are not only efficient and cost-effective but also sustainable and resilient.

“The fact that China and South Africa have a strong desire to diversify and expand trade between Africa and China is crucial to our efforts to create a solid supply chain.”

Mashatile said South Africa’s export portfolio to China comprises mainly basic commodities.

“While the trade volumes confirm South Africa’s natural endowment, the heavy slant towards mineral-based exports belies our advanced infrastructure, our diversified industrial base, and our leading service sectors.”

Showcasing unique SA offerings

The South African government delegation was accompanied by 30 manufacturers and producers of uniquely South African products and services.

These products and services showcase the diversity of South African exports, ranging from ethically sourced and clean cosmetics comprising pure, natural extracts, as well as durable electro-technical equipment that has passed the tests of extreme African climate conditions.

“Naturally, our offering would not be complete without the companies that are showcasing the finest of South African clothing, leather and footwear.

“We are exceptionally proud of the delegation that comprises plastics, chemical and mining engineering firms, whose services have met the Chinese standards, such that they have been able to jointly complete infrastructure projects with Chinese firms.”

The Deputy President believes that the expo is instrumental in linking up Chinese buyers and importers with the South African producers at the stands today.

“One of the most critical steps in South Africa’s journey to balancing its trade with China will be the extensive listing of South African products on e-commerce platforms like Alibaba.

“We are also making efforts to ensure the placement of quality South African products in various Free Trade Zones throughout China.”

Trade on the African continent

With regards to the African Continental Free Trade Area (AfCFTA), the Deputy President said the project fosters economic integration and increased trade and investment within Africa, while also providing opportunities for China to deepen its engagement with the continent.

To diversify its energy balance, reduce carbon emissions and improve energy security, Mashatile said South Africa is also rapidly increasing its dependence on renewable energy sources.

“We have set ambitious targets for renewable energy deployment, particularly in solar and wind power.”

Through the Renewable Energy Masterplan, government has set out how South Africa can set up a new manufacturing industry in renewable energy and battery storage value chains.

The masterplan also aims to attract at least R15 billion in investment by 2030 and train “green workers” for employment in 25 000 direct jobs.

News Credits- Investing.com

Cenomi Centers

Cenomi Centers, Saudia Become 2025 Esports World Cup Partners

More homegrown companies join in on supporting and promoting the Saudi government-backed esports competition in Riyadh.

The Esports World Cup Foundation (EWCF) announced this week that it has partnered with Saudi Arabia-based “lifestyle destinations company” Cenomi Centers, which will serve as a main partner of the Esports World Cup 2025, currently taking place in Riyadh, Saudi Arabia.

Financial terms of this new partnership were not disclosed.

Cenomi Centers claims to provide “youth-focused retail and entertainment experiences” across the kingdom of Saudi Arabia, through a “portfolio of 21 assets, with more than 4,200 stores strategically located in 10 major Saudi cities.” In essence, it’s a company that operates a number of malls or shopping centers throughout the country. It operates the Mall of Arabia Jeddah and Nakheel Mall Riyadh, as examples.

As part of this new deal, Cenomi Centers will launch branded activations at the Esports World Cup including cross branding at some of its properties including the Nakheel Mall Riyadh.

EWCF also announced this week a deal with Saudi Arabia-based airline, Saudia. Under the terms of the deal, Saudia has been named the official airline partner of the 2025 Esports World Cup. Financial terms of this deal were also not disclosed.

These and other deals announced this week, particularly those local companies and agencies involved in tourism, are part of a push to bring more visitor to the kingdom of Saudi Arabia as part of the government’s Saudi Vision 2030, which aims to diversify the country’s wealth generation away from oil and into other areas such as entertainment, sport, technology and tourism.

Saudia and Cenomi Centers join a growing list of partners and sponsors including the Saudi Tourism Authority, Hilton, Mastercard, IMG, Spotify, Lenovo, stc Group, Stream Hatchet, and Aramco, among others.

The Esports World Cup is a seven week, multi-title competition hosted in Riyadh, Saudi Arabia, featuring an overall prize pool of more than $70 million USD. The competition is funded by a grant from the Saudi Arabian government’s Public Investment Fund and operated in cooperation with ESL FACEIT Group, a wholly owned subsidiary of Saudi government-owned gaming and esports company Savvy Games Group. The 2025 edition runs from July 7 – Aug. 24, and will be followed by the business conference, the New Global Sport Conference (NGSC2025), on Aug. 23 – 24, at the Four Seasons Hotel in Riyadh.

Projects backed or owned by the Saudi Arabian government such as Esports World Cup are criticized for helping the government engage in “sports washing,” or using various forms of entertainment to cover up its record on human rights, women’s rights, LGTBQ+ rights, military actions in Yemen, and more. These and other criticisms have been highlighted by international watchdog groups such as Amnesty International and Human Rights Watch.

Author Credits- James Fudge
THE ESPORTS ADVOCATE

Amazon Payment Services

New partnership empowers businesses with flexible payment solutions

Amazon Payment Services already offers a range of BNPL services and credit card installment options in partnership with more than 25 banks across the Kingdom, UAE, Egypt, and Jordan, allowing customers to split payments over terms of up to 36 months

Amazon Payment Services, a regional leader in digital payments across the Middle East and North Africa, has added Tamara, a leading “buy now, pay later” provider in the GCC, to its expanding suite of flexible payment options. As a new split payments partner, Tamara enables businesses in Saudi Arabia and the UAE to offer seamless, flexible payment experiences to their customers.

The partnership comes at a time when consumers are increasingly seeking payment methods that deliver both flexibility and transparency. With BNPL demand on the rise across the region, Tamara’s inclusion in the Amazon Payment Services portfolio is a timely move to meet these growing consumer expectations and enhance the overall customer journey.

With BNPL adoption accelerating, industries such as airlines, e-commerce, healthcare, insurance, education, fashion, and lifestyle stand to benefit from Tamara’s Shariah-compliant flexible payment solutions. With Tamara, customers can split their payments into four equal installments — a feature designed to boost sales, reduce cart abandonment, and enhance customer satisfaction. Merchants, in turn, will benefit from larger basket sizes, improved conversion rates, and an enhanced shopping experience for their customers.

Peter George, managing director of Amazon Payment Services MENA, said: “As more consumers across the region look for affordable ways to manage their purchases, BNPL solutions are becoming more and more indispensable for merchants. Partnering up with Tamara, a leading split payments provider, was a natural next step in our commitment to empowering diverse businesses as they navigate today’s digital payments space. With this expansion of our offering, we are thrilled to unlock new revenue streams for businesses, help them deliver more value to their customers, and ultimately grow their online business.”

Sami Louali, EVP and chief revenue officer at Tamara, added: “At Tamara, we’re focused on creating a payment experience that benefits both businesses and consumers. Partnering with Amazon Payment Services allows us to expand our reach across the UAE and Saudi Arabia — supporting business growth and delivering a hassle-free, flexible payment solution for consumers. This partnership marks an exciting milestone in our mission to meet the changing needs of merchants and their customers while driving loyalty and sales.”

Amazon Payment Services already offers a range of BNPL services and credit card installment options in partnership with more than 25 banks across the Kingdom, UAE, Egypt, and Jordan, allowing customers to split payments over terms of up to 36 months. With Tamara’s inclusion, Amazon Payment Services can now cater to a wider audience, including customers who prefer to use either debit or credit cards.

This partnership ensures that merchants in the Kingdom and UAE have the tools they need to offer a seamless, flexible payment experience to their customers. With a single integration, businesses gain access to a wide range of payment options, advanced reporting dashboards, and streamlined reconciliation processes, keeping them ahead of the curve in the fast-paced digital payments landscape.

News Credits- ARAB NEWS

fedex

FedEx signs MoU with CJ Olive Young to provide e-commerce logistics support

FedEx has signed a memorandum of understanding (MoU) with South Korean health and beauty retailer CJ Olive Young to provide enhanced logistics support for the company’s growing e-commerce operations between South Korea and the USA.

As part of the MoU, FedEx will provide fast and reliable deliveries for US-based consumers shopping at Olive Young, including through its e-commerce platform. The collaboration will leverage FedEx’s global network, particularly its ground operations in the US, and offer comprehensive e-commerce solutions to enhance customer experience and satisfaction. These solutions include advanced tracking, customized delivery options and picture proof of delivery, all accessible via FedEx Delivery Manager.

“We have been working with Olive Young to provide various logistics solutions to support their cross-border operations, and we are excited to advance our collaboration with this leading K-beauty company to the next level through this agreement,” said Wonbin Park, managing director of FedEx Korea. “We look forward to expanding our strategic collaborations with more Korean companies to support the growth of K-brands as they venture into the global market.”

Author Credits- HAZEL KING
Parcel and postal technology INTERNATIONAL

amazon flipkart

Delhi HC tells Amazon, Flipkart to remove products infringing Reliance, Jio trademarks

The Delhi High Court has directed e-commerce giants Amazon and Flipkart to take down products that infringe upon the trademarks of Reliance Industries and its subsidiary Jio. Justice Saurabh Banerjee, in an order dated July 10, issued a dynamic injunction prohibiting the listing and sale of goods falsely using the “Reliance” or “Jio” branding

The Delhi High Court has issued a directive to e-commerce giants Amazon and Flipkart to delist products that infringe on ‘Reliance’ and ‘Jio’ trademarks. This order, passed by Justice Saurabh Banerjee on July 10, restrains sellers from using these trademarks without authorisation, Bar & Bench reported. The move comes after Reliance Industries Limited (RIL) filed a suit alleging that several sellers were infringing its trademarks on online platforms.

Justice Banerjee’s dynamic injunction aims to curb the unauthorized use of Reliance’s trademarks, which RIL claims could mislead consumers into believing these products originate from the company. The court recognised that such misrepresentation could result in consumer safety risks due to confusion about the products’ origin. This ruling follows RIL’s assertion that it is active in the fast-moving consumer goods (FMCG) sector, dealing in fresh produce and other groceries through various channels.

The court underscored the importance of protecting brand names and logos, particularly in online marketplaces where consumers rely heavily on these identifiers. The potential for consumer confusion was cited as a significant concern. “Moreover, the products of defendant nos.1 to 21 are sold through online e-commerce platforms where consumers rely on brand name and logos to identify the origin of goods, in such circumstances, if any confusion between such products, if allowed to continue, could risk consumer safety. Therefore, in such circumstances, this Court has to adopt a more cautious and stringent approach for judging the likelihood of confusion and to exercise greater care,” the court stated.

RIL’s legal representation was handled by Advocates Ankit Sahni and Kritika Sahni, alongside their associates from Ajay Sahni & Associates. The legal proceedings have involved various defendants represented by different legal firms, all addressing the allegations of trademark infringement. This courtroom decision highlights the critical nature of maintaining brand integrity in the competitive e-commerce landscape.

News Credits- Business Today

bolt by subway

Bolt by Swiggy partners with Subway

Customers can explore the full range of Subway items by visiting the Bolt-Subway page within the Swiggy app

Swiggy has announced a strategic partnership between Bolt by Swiggy, its quick food delivery service and Subway, the globally loved quick-service restaurant brand known for its fresh and customizable subs. Customers across the country can now enjoy Subway’s complete menu, including all signature products like Hot and Cheesy Subs, Sub Cravers value range and Breakfast Specials, delivered in 10 minutes through Swiggy Bolt’s seamless ordering experience. The partnership is live across 125 cities in the country.

The partnership covers the majority of Subway outlets across India. With this integration, customers have access to Subway’s popular offerings, ranging from signature subs, salads, and wraps to sides and beverages, delivered in 10 minutes. Customers can explore the full range of Subway items by visiting the Bolt-Subway page within the Swiggy app.

Subway features prominently within the Bolt section of the app, with a dedicated Bolt tag inside the menu, allowing customers to easily browse and order their favorites with minimal wait time. With a focus on ready-to-pack and low-preparation-time items, Bolt ensures a hassle-free checkout, real-time tracking, and reliable speed, making it the ideal platform for quick-service partners like Subway. It helps in catering to the consumer’s needs as per their requirement from early morning breakfast to meals, snacks and late night cravings.

Sidharth Bhakoo, Chief Business Officer, Swiggy Food Marketplace, said, “Bolt by Swiggy continues to redefine food delivery with speed and convenience at its core. We are thrilled to welcome Subway to the Bolt family, enabling customers across India to enjoy their favourite subs fresh, delivered to their doorstep in 10 minutes. This collaboration underscores our ongoing efforts to partner with iconic brands and enhance customer experience through innovation and operational excellence.”

Tarun Bhasin, CEO, Culinary Brands, said, “As a QSR brand committed to freshness and taste, the emergence of quick commerce has been both timely and transformative. With Bolt, we’re now able to deliver on our core promise of fresh and delicious subs made just the way customers like it, with the added benefit of speed. This partnership with Swiggy has helped us not only improve delivery timelines but also raise the bar on freshness and customer satisfaction. At Subway, we remain committed to delighting customers with innovative products and exceptional experiences.”

News Credits- nuffoods Spectrum

WFS

WFS Opens Specialized E-Commerce & Freight Forwarder Handling Facility at Copenhagen Airport

With this new investment, WFS can provide a host of value-added services for freight forwarders moving import and export cargo and e-commerce shipments through Copenhagen Airport.

Worldwide Flight Services (WFS), a SATS company, has opened a fourth warehouse facility at Copenhagen Airport to support the expansion of its specialised E-Commerce & Freight Forwarder Handling (EFFH) services in Scandinavia.

The new EFFH building covers an area of 4,800m² and takes WFS’ cargo handling footprint at the airport to over 21,500m², also including its dedicated temperaturecontrolled pharma facility in Copenhagen. With this new investment, WFS can provide a host of value-added services for freight forwarders moving import and export cargo and e-commerce shipments through Copenhagen Airport.

“This is the latest expansion of our presence at Copenhagen Airport to support its growing cargo volumes and thriving freight forwarding community. We know from WFS’ experience at other major cargo gateways that forwarders are increasingly seeing value in outsourcing more of the physical handling aspects of their business to trusted partners like WFS,” said Inge Briand de Crevecoeur, Managing Director Copenhagen at WFS.

WFS’ EFFH service makes freight Ready-for-Carriage, captures weight and cargo measurements, provides security screening, consolidation, and transportation to and from handling agents. It also covers deconsolidation, sorting, and preparing shipments for customs clearance, and onward transportation by road, plus shipment labelling, repacking, crating, and customised screening services.

WFS e-commerce solutions deliver a 1-day total time reduction for international shipments to reach Scandinavian e-commerce customers through fast import sorting & scanning service to expedite customs clearance.

“Our expansion in Copenhagen aligns perfectly with our strategy to grow our e-commerce and freight forwarder handling product across our network,” says Marc Claesen, SVP Northern Europe & Africa at WFS. “We are diversifying our services in an increasingly challenging environment, where speed of handling and real-time information sharing are critical. Copenhagen joins our dedicated E-Commerce & Freight Forwarder Handling facilities in key European gateways such as Belgium, France, the Netherlands, Germany, Spain, and Sweden and we will continue to seek new opportunities.”

News Credits- AVIATION PROS

jahez

Jahez continues expansion with first Qatari acquisition

Jahez Group will acquire the Qatari e-commerce and delivery company Snoonu in the Saudi company’s first venture into the country and as part of its regional expansion.

Jahez, which is based in Riyadh and listed on the Saudi Exchange, will acquire 76.56 percent of the Qatari company for $245 million.

It will give Snoonu a valuation of QAR1.17 billion ($320 million) and make it the first Qatari startup to cross the QAR1 billion mark.

Shares in Jahez have risen by more than 3 percent since the news was announced on Wednesday.

“This partnership is a win-win for all stakeholders as we expand our presence in the region,” said Jahez CEO Ghassab Al-Mandeel in a press release to the Saudi Exchange.
“Snoonu’s impressive growth journey will be further fuelled by Jahez’s infrastructure and scale, while we gain access to Snoonu’s cutting-edge product engine, talent and high-performance platform across its portfolio.”

Jahez Group already manages a number of e-commerce and delivery platforms, including quick commerce company PIK, ticketing platform Blu and its flagship food-delivery service Jahez. It reported record comprehensive income in 2024 of nearly $50 million, an increase of 47 percent year on year.

Snoonu, which was founded in 2019, delivers food, groceries, and retail products and offers logistics services for third parties.

“This partnership also reaffirms our unwavering commitment to Qatar, a thriving and dynamic market with immense potential,” its CEO Hamad Al Hajri said in the same press release.

Under the terms of the deal, Al Hajri will stay on as chief executive and take a minority stake of 23.44 percent.

Jahez, which was founded in 2016, accounts for around 32 percent of e-commerce deliveries in Saudi Arabia, according to comments made by its chief financial officer Heni Jallouli in March to local media.

It began expanding internationally in late 2021, when it launched in Bahrain, and the following year, when it began operations in Kuwait.

According to Jallouli, its international business accounts for 11 percent of total order values, up from 5 percent in 2023.

The acquisition of Snoonu is subject to approval by the relevant authorities and is expected to close in the second half of this year.

Author Credits- Edmund Bower
msn

burberry

A year into turnaround, Burberry investors see progress

LONDON – A year after Josh Schulman became Burberry’s (BRBY.L) CEO with a mandate to turn the British luxury brand around, investors say they’re pleased with early signs of recovery even though sales are still falling.

Burberry, known for its trademark trench coats and check pattern scarves, is in the early stages of a reboot as Schulman tries to reverse the group’s years of underperformance and return sales and profit to growth.

Analysts expect the group to report on Friday that comparable retail sales fell 3% in the April-June quarter from a year earlier, according to a consensus provided by Burberry. That would mark an improvement from a 6% fall in the January-March period.

Burberry issued a string of profit warnings under previous CEO Jonathan Akeroyd, and Schulman after taking over said the brand had lost its focus on outerwear and recognisable British references, and had strayed too far into a “niche aesthetic”.

Its shares are up around 63% since Schulman took the helm, outperforming luxury peers, and analysts have grown more upbeat in recent weeks, with HSBC saying Burberry has the opportunity to gain market share from rivals.

“We are seeing the improvement in terms of the product range, pricing, marketing, and there are early signs that is leading to a pickup in sales – but it’s early days still,” said Dan Carter, a member of the investment team at Phoenix Asset Management Partners in London.

Burberry’s marketing under Schulman has drawn on its association with British heritage, but in a way that is also contemporary, Carter added.

Burberry typically makes more of its revenue in the autumn/winter season. However, it has been trying to tap into key events of the British summertime, with its most recent “Burberry Festival” campaign timed to coincide with Glastonbury music festival.

The campaign featured hip-hop artist Loyle Carner and music producer Goldie, as well as model Cara Delevingne sitting in a pit of mud in Burberry rain boots, in a nod to Glastonbury’s unpredictable weather.

“They’re a brand that is focusing on outerwear and protection against the weather… so to try and stretch that through the year makes sense,” said Carter.

As part of its turnaround, Burberry announced in May it would cut a fifth of its global workforce, a radical cost-cutting move that investors have welcomed.

LESS EXPENSIVE BAGS, MORE HIGH-END TRENCHES

The brand has moved away from high-priced bags and brought in more affordable models like its recently launched Cotswold range, priced at 1,490 pounds to 1,890 pounds ($2,012.99 to $2,553.39), and the 850-pound Horseshoe crossbody bag – driving its average bag price down by 9% since the start of October last year, according to pricing analysis by Luxurynsight.

“They’re kind of trying to thread the needle of being luxury while shifting the assortment down a little bit,” said Brett Sharoni, senior analyst at Pzena Investment Management in New York, which owns shares in Burberry.

“We had been engaging with Burberry for over a year before we ended up buying – and one of our big pieces of feedback to them was, you know, you don’t really have a right to sell handbags for $3,000,” he said.

Burberry has, though, brought in some higher-priced outerwear products such as a 115,000 yuan ($16,044.65) corduroy trench coat in China, Luxurynsight found, and has broadened its range of outerwear products by 22% since the start of October last year.

Yumi Shin, chief merchandising officer at New York department store Bergdorf Goodman, said she supports the emphasis on the brand’s trademark products, like the classic trench coat and winter accessories.

“We’re continuing to feel optimistic about Burberry’s transformation under Josh’s leadership,” said Shin. “Josh has a merchant’s mindset and understands the necessity to balance fashion and function on the shop floor.”

($1 = 0.7402 pounds)

($1 = 7.1675 Chinese yuan renminbi)

Author Credits- Helen Reid
Reuters

Schwarzkopf names Lindsay Lohan new brand ambassador

Schwarzkopf names Lindsay Lohan new brand ambassador

Hair care giant Schwarzkopf has appointed actress Lindsay Lohan as its newest brand ambassador, joining the likes of celebrity faces Sofia Vergara and Dove Cameron.

The new partnership is an extension of Lohan’s relationship with celebrity colorist, Tracey Cunningham, a Schwarzkopf Professional who has been coloring the “Mean Girls” the actress’s hair for over two decades.

“Tracey is more than my colorist—she’s a trusted creative partner,” said Lohan. “Whether I’m in a new movie or walking a red carpet – there’s only one shot to get my hair color right and it’s often a really tight turnaround. Tracey is the ultimate collaborator, and I love that she takes the time to explain what products she uses and why. I learned about Schwarzkopf through Tracey because the result is so incredible every time and it’s now the only brand I trust in the salon.”

Lohan’s new blonde, unveiled in March this year, is a new variation by Cunningham called “Soft Gloss Blonde”, with the German-owned hair care brand and the colorist unveiling the secret behind the star’s blonde shade.

“Lindsay and I have grown together over the years, and it’s always the most fun having her in my chair,” said Cunningham, who was appointed Schwarzkopf Professional’s U.S. creative director of color & technique, in October last year.

“To take her lighter, Schwarzkopf Professional’s Igora Vibrance and BlondMe were absolute essentials. These formulas allowed me to lift her hair color while maintaining its integrity and shine. It’s imperative that I trust the products I’m using on all my clients. There is zero room for error when working with an A-List celebrity or musician undergoing a color transformation for a film or TV role, a red carpet or a musical performance. I know that I can always count on Schwarzkopf Professional products to deliver.”

Lohan’s new blonde look arrives just in time for the launch of her new film, “Freakier Friday”, which makes its U.S. debut on August.

Author Credits—Benjamin Fitzgerald
FASHION NETWORK