Superbalist has been acquired by a South African consortium of retail and private equity investors led by Blank Canvas Capital. MyBroadband learned of the sale from an anonymous source, and Takealot ...

Earlier this year, Takealot started to look into selling Superbalist due to concerns about competition from low-cost retailers, Temu and Shein. Takealot Group has announced it sold Superbalist to a ...

A proposed restructure at Superbalist is expected to impact around 30% of staff, according to a statement from Superbalist. South African online retailer, Superbalist, said they have started a process ...

Chinese fast-fashion retailer Shein is giving Superbalist a run for its money. It overtook the SA retailer, when measured by market share, sometime in the past year. Image: Bloomberg It’s rather ...

Superbalist has started the process to retrench workers after parent company Takealot posted a $ 22 million (R420-million) loss for its last financial year. “Superbalist has embarked on a Section 189 ...

This strategic acquisition will support Superbalist's ongoing growth, allowing the Takealot Group to dedicate its efforts to further expanding Takealot and Mr D. In March, Daily Investor reported that ...

Superbalist had previously said it had no stance on the Black Lives Matter movement. The company has since apologised, saying it would never condone racism or discrimination. The movement has flared ...

Takealot Group is boosting investment in its online fashion retailer Superbalist, to modify its business model amid rising competition from Chinese multinational e-tailers. Once billed among South ...

Buy Now Pay Later (BNPL) is a way that shoppers can get an item now and pay it off over a few months or weeks. The offer is attractive because in most BNPL solutions, interest isn’t charged and the ...

The merger of SA's two leading online fashion brands, Spree.co.za and Superbalist.com, announced in June, has forged ahead successfully. In a statement, the companies say the combined business will be ...

Online retail giant Takealot has sold its online fashion retailer Superbalist to a South African consortium of retail and private equity investors led by Blank Canvas Capital. On Monday, 2 September ...