71
Fashion Jobs
L'OREAL GROUP
Multi-Brand Education Manager
Permanent · JOHANNESBURG
L'OREAL GROUP
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BEIERSDORF
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G-STAR
Key Account Manager
Permanent · CAPE TOWN
ESTÉE LAUDER COMPANIES
Marketing & Sales Operations Manager (Sub Saharan Africa)
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ESTÉE LAUDER COMPANIES
Marketing & Sales Operations Manager (Sub Saharan Africa)
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PUMA
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Permanent · CAPE TOWN
ADIDAS
Senior Manager Sales: Shoe Channel - em South
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ADIDAS
Senior HR Business Partner (6-Months Maternity Cover)
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L'OREAL GROUP
Product Manager
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TREK
Country Manager
Permanent · SANDTON
L'OREAL GROUP
E-Commerce Key Account Manager
Permanent · JOHANNESBURG
ADIDAS
ic pp Data & Analytics Specialist - em
Permanent · CAPE TOWN
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
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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
By
Reuters
Published
Sep 28, 2018
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Steinhoff Asia business secures funding, takes on new name

By
Reuters
Published
Sep 28, 2018

Steinhoff’s Asian business has secured new funding to refinance some debts and rebranded under the name Greenlit, the company said on Thursday.

Freedom Furniture


Parent company Steinhoff is trying to recover from an accounting scandal that has wiped more than 90 percent off its market value since December.

The Asian business, Steinhoff Asia Pacific Group, has adopted Greenlit Brands as its new name, Steinhoff said in a statement. The business has secured 256 million Australian dollars ($185.09 million) in credit facilities to refinance and extend the maturity of its debt, Steinhoff said.

As part of the deal, which extends the maturity of the Greenlit Brands debt to October 2020, Steinhoff’s European business would be released as guarantor of Greenlit Brands’ borrowings.

With 10,000 employees in Australia and New Zealand, Greenlit operates local furniture retailers, including Freedom and Fantastic Furniture.

It contributes roughly 7 percent to the group sales, according the latest financial disclosure for the nine-months to the end of June. 

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