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
Aug 10, 2022
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Supermarket retailer Ahold shelves plan to spin off Bol.com

By
Reuters API
Published
Aug 10, 2022

Supermarket major Ahold Delhaize said on August 10 it was postponing plans for an initial public offering (IPO) of its non-food retailer, Bol.com, because of unfavourable market conditions.




The group had planned to list Bol.com — which sells a wide variety of goods including fashion and beauty —in the second half of the year, but said in a quarterly earnings statement it had decided to suspend this, adding that it would revisit the plans when equity market conditions are "more conducive”.

Ahold said total second-quarter group sales increased 15% to €21.4 billion ($21.85 billion), in line with an average company-compiled analyst consensus. Underlying operating income of €880 million beat an €815 million company-compiled estimate based on 16 analysts, it said.

The company nudged up its full-year earnings per share outlook to "mid-single-digit growth" compared with 2021 levels. In May, it had forecast a decline of low-to mid-single digits.

"Our results in the first half of the year provide management with the confidence to raise the underlying EPS growth outlook for 2022," it said.

Ahold CEO Frans Muller said that Ahold remains "committed to securing the right future path to unlock value for Bol.com and Ahold Delhaize, and will revisit opportunities when market conditions are more conducive.”

Net consumer online sales at Bol.com declined by 2.1% in the second quarter, Ahold said, after having jumped 24.2% in the comparative quarter of 2021, when e-commerce was heavily supported by the pandemic.

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