Skinny Sbu Socks goes 'glocal'
‘I’m building a brand and a business that will speak to a global audience,’ says Sibusiso Ngwenya, founder of Skinny Sbu Socks.
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‘I’m building a brand and a business that will speak to a global audience,’ says Sibusiso Ngwenya, founder of Skinny Sbu Socks.
‘I think in the next six months [Alexander Forbes] will be certainly one of the key assets in terms of performance’: co-CEO Johan van Zyl.
Great updates from Shoprite and horrible numbers from Massmart carry nearly the same certainty as death and taxes these days. Retail is a difficult game where small mistakes can become huge disasters later on. It becomes extremely difficult once you are on the back foot.
The Foschini Group CEO Anthony Thunstrom says the move will see more manufacturing locally.
The acquisition will enable TFG to tap into Tapestry Home Brands' existing local manufacturing capabilities, which will be shared across the group.