71
Fashion Jobs
L'OREAL GROUP
Multi-Brand Education Manager
Permanent · JOHANNESBURG
L'OREAL GROUP
E-Commerce Manager
Permanent · JOHANNESBURG
BEIERSDORF
Brand Manager
Permanent · DURBAN
G-STAR
Key Account Manager
Permanent · CAPE TOWN
ESTÉE LAUDER COMPANIES
Marketing & Sales Operations Manager (Sub Saharan Africa)
Permanent · JOHANNESBURG
ESTÉE LAUDER COMPANIES
Marketing & Sales Operations Manager (Sub Saharan Africa)
Permanent · JOHANNESBURG
PUMA
Payroll Administrator
Permanent · CAPE TOWN
ADIDAS
Senior Manager Sales: Shoe Channel - em South
Permanent · CAPE TOWN
ADIDAS
Senior HR Business Partner (6-Months Maternity Cover)
Permanent · CAPE TOWN
L'OREAL GROUP
Product Manager
Permanent · JOHANNESBURG
TREK
Country Manager
Permanent · SANDTON
L'OREAL GROUP
E-Commerce Key Account Manager
Permanent · JOHANNESBURG
BEIERSDORF
Precision Marketing & Audience Specialist
Permanent · DURBAN
CLINIQUE
Clinique - Roamer - Edgars Eastgate, Gauteng - 40 Hours - Full-Time - Permanent
Permanent · JOHANNESBURG
PANDORA
Sales Assistant Ppt 96 Hours Balito
Permanent · DURBAN
L'OREAL GROUP
Data Analyst
Permanent · JOHANNESBURG
HTNK
High-End Fashion/Denim Designer
Permanent · JOHANNESBURG
H&M
Talent Acquisition Specialist
Permanent · CAPE TOWN
ADIDAS
Specialist Franchise Excellence - Ems Africa Export
Permanent · CAPE TOWN
LOVISA
Full Time Team Member | v&a Waterfront, Cape Town
Permanent · CAPE TOWN
LOVISA
Store Manager | v&a Waterfront, Cape Town
Permanent · CAPE TOWN
PANDORA
Sales Assistant Pavillion
Permanent · WESTVILLE
By
Reuters API
Published
Mar 28, 2018
Reading time
2 minutes
Download
Download the article
Print
Text size

Amazon taps Casino over Brazil electronics chain on Latin America advance

By
Reuters API
Published
Mar 28, 2018

Amazon.com Inc and Casino Guichard Perrachon SA are negotiating a deal in Brazil either partnering or selling the French retailer’s local appliance and electronics chain, a source familiar with the talks said on Tuesday.


Reuters


The talks concerning Casino’s Via Varejo chain, which includes one of Brazil’s largest e-commerce operations and more than 900 stores in the country, would accelerate Amazon’s previously tepid advances into Latin America’s largest market.

They come as the e-commerce giant and Casino have struck an agreement to sell groceries from the French group’s upmarket Monoprix through Amazon.

The Brazil deal could be structured as a partnership in that model or as an outright sale of Via Varejo, the source said.

News of the talks sent preferred shares in GPA SA, Casino’s Brazilian supermarket chain that owns Via Varejo, up 5 percent to 67.28 reais in Sao Paulo.

GPA, Via Varejo and Amazon in Brazil all declined to comment.

GPA had put Via Varejo up for sale two years ago but the company attracted little interest as its then-traditional infrastructure kept costs stubbornly high and dragged on profits. It has since expanded its e-commerce operations.

Units of Via Varejo, a blend of preferred and common stock, rose 4.9 percent in early morning trading in Sao Paulo, to 30.43 reais.

Amazon has waded slowly into Brazil’s complex and highly competitive online retail market, starting with e-book sales in 2012, adding physical books two years later and offering third-party sales of electronics in October.

Reuters reported in recent month that the world’s largest online retailer has been preparing to ramp up its Brazilian presence, courting local suppliers of appliances and electronics and eyeing a large warehouse outside of Sao Paulo.

© Thomson Reuters 2024 All rights reserved.