Stephen Grootes speaks to Bronwyn Williams, Retail Analyst, about Shein’s shrinking profit margin and its move towards higher-priced clothing. When Shein entered South Africa, there were fears its ultra-cheap fast fashion model would seriously disrupt local clothing retailers. But that hasn’t happened to the extent many expected. What protected local retailers, and does Shein’s latest strategy suggest the limits of the ultra-cheap fast fashion model are now becoming clearer?
In other interviews, John Loos, Independent Economist talks about the sharp fuel price increases expected in October and whether government should step in to cushion motorists and the wider economy. Current projections point to petrol rising by around R3 a litre, potentially pushing 95 unleaded close to R30 a litre inland, while diesel could also rise by more than R3.
The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.
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