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Articles by Michael Zahariev
Local designers bring pre-loved luxury into the fashion spotlight
2 days7 days30 daysBy Industry Show more Search jobs Advertise your job vacancies View more, Apple or Spotify Subscribe to daily business and company news across 19 industries South African designers are bringing pre-owned luxury into the fashion conversation, using archive footwear, handbags and accessories to complement new collections and challenge the idea that fashion relevance is tied to the latest season.
SA exporters face Agoa setback, but broader US trade ties remain intact
2 days7 days30 daysBy Industry Show more Search jobs Advertise your job vacancies View more, Apple or Spotify Subscribe to daily business and company news across 19 industries South Africa’s impending exclusion from the African Growth and Opportunity Act (Agoa) from Friday, 1 January 2027 will present challenges for exporters, particularly in the automotive and agricultural sectors, but is unlikely to derail the country’s broader trade relationship with the United States.
The fuel, freight and funding gap: November is a tough month for logistics businesses
2 days7 days30 daysBy Industry Show more Search jobs Advertise your job vacancies View more, Apple or Spotify Subscribe to daily business and company news across 19 industries As fuel costs and festive-season delivery demands place pressure on transport operators, Lula's Garth Rossiter explains why logistics SMEs face their greatest cash flow challenges during their busiest trading period. November is the most demanding month in the South African logistics calendar.
What South Africa’s best small businesses can teach new founders this Entrepreneurship Month
2 days7 days30 daysBy Industry Show more Search jobs Advertise your job vacancies View more, Apple or Spotify Subscribe to daily business and company news across 19 industries The 2026 News24 x Lula SME Award winners show what it takes to start, survive and scale. Their stories hold five practical lessons for anyone starting a business this Entrepreneurship Month.
Petrol prices dip 1c as diesel drops by more than R1/litre
2 days7 days30 daysBy Industry Show more Search jobs Advertise your job vacancies View more, Apple or Spotify Subscribe to daily business and company news across 19 industries The Minister of Mineral and Petroleum Resources, Gwede Mantashe, has announced fuel price adjustments reflecting local and international factors, with diesel prices expected to decrease at midnight.
Employers urged to allow staff time off to vote
2 days7 days30 daysBy Industry Show more Search jobs Advertise your job vacancies View more, Apple or Spotify Subscribe to daily business and company news across 19 industries Department of Employment and Labour Minister, Nomakhosazana Meth, has called on employers to release workers to exercise their democratic and constitutional right to vote in the local government elections on 4 November.
The minister wants more matrics taking Maths. CambriLearn is enrolling Grade 10s for 2027
2 days7 days30 daysBy Industry Show more Search jobs Advertise your job vacancies View more, Apple or Spotify Subscribe to daily business and company news across 19 industries The accredited online school offers Mathematics, Physical Sciences and Accounting, with families able to choose the level of support for each subject.
Democracy demands accountability, says Kaya 959 following landmark Tambo lecture
2 days7 days30 daysBy Industry Show more Search jobs Advertise your job vacancies View more, Apple or Spotify Subscribe to daily business and company news across 19 industries Kaya 959 has reaffirmed its commitment to the values of ethical leadership, social justice, integrity and accountability following its participation as a media partner in the recent 2026 Oliver Tambo Memorial Lecture, hosted by the Oliver and Adelaide Tambo Foundation in partnership with the Gordon Institute of Business...
SA’s leading brands rally behind women in business at the 2026 Standard Bank Top Women Awards
2 days7 days30 daysBy Industry Show more Search jobs Advertise your job vacancies View more, Apple or Spotify Subscribe to daily business and company news across 19 industries Entries for the 2026 Standard Bank Top Women Awards close on Friday, 30 October, and Topco Media has issued a final call to women leaders and to organisations driving women’s empowerment in South African business. This year’s awards are supported by a line-up of leading South African brands.
Not all designer labels are equal: Who’s winning in luxury resale?
2 days7 days30 daysBy Industry Show more Search jobs Advertise your job vacancies View more, Apple or Spotify Subscribe to daily business and company news across 19 industries A Louis Vuitton Neverfull and a Gucci Marmont were both selling for R25,000 on South Africa’s resale market a year ago. Today, one is worth R28,000 and the other R22,000. That 24% gap in their fortunes captures a bigger shift in luxury: brand popularity does not always translate into lasting value.
Michael Zahariev | You have money for a new Rolex – but are you ‘worthy’? | News24
Comments Gift article Bookmark 0:00 Subscribers can listen to this article Not everyone with the money can buy a Rolex. Adam Davy/PA Images via Getty Images Getty Images Read this for free Be among those who shape the future with knowledge. Uncover exclusive stories that captivate your mind and heart with our FREE 14-day subscription trial. Dive into a world of inspiration, learning, and empowerment. You can only trial once. Start your FREE trial now Already a subscriber?
How luxury resale is reshaping sustainable fashion
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How luxury resale is reshaping sustainable fashion Original
Michael Zahariev|Published 1 minute ago The second-hand luxury market is growing three times faster than new retail, with brands like Rolex appreciating 20% year-on-year, says writer. Image: Rolex While fashion remains one of the world's most polluting industries, a growing cohort of consumers is driving a measurable shift toward circular luxury.
How SA start-ups can successfully bootstrap amid global capital shortage Original
Having a high margin and attaining high-value customers from the get-go are vital as your focus should be on cash flow rather than growth. Photo: Reuters Published 9m ago | Published 9m ago By Michael Zahariev Amid market fluctuations, inflationary pressures and economic uncertainty, a global capital shortage has emerged, impacting start-ups across the world.
MICHAEL ZAHARIEV: Resale democratises luxury for Africans
Demand for luxury goods in Africa is on the rise, with the market valued at $5.74bn and expected to expand annually by 1.32% to 2028. Despite this potential, the limited physical presence of global designer brands on the continent and prohibitive cost of luxury items have created challenges for African consumers. But with the boom in luxury resale, access to designer pieces is now in reach.
The influence of pop culture on luxury fashion
Michael Zahariev | Co-Founder | Luxity | mail me | Luxury fashion and pop culture have shared an inseparable bond for decades, and in 2023, two remarkable examples have captured the spotlight – namely Jane Birkin and Pharrell Williams. Celebrity collaborations result in limited-edition pieces that become highly sought-after collectors’ items while adding to the celebrity’s legacy that they leave behind.
The return of mall culture and other retail trends to watch out for in 2023
Michael Zahariev | Co-Founder | Luxity | mail me | Online product research and discovery influences R293.8 billion in physical sales, accounting for 25% of South Africa’s retail trade, according to the recently released 2022 South African Digital Customer Experience (CX) Report. The report also revealed that the South African retail e-commerce market is showing no signs of slowing down, with consumer spend projected to increase by 39% in 2022.
Retail’s gamechanger - the future of omnichannel
Michael Zahariev | Co-Founder | Luxity | mail me | The face of retail is evolving, with many retailers realising that in the post-pandemic climate, simply having an online and physical presence is not enough. This is backed by research which shows that multi-channel shoppers spend 82% more per transaction than shoppers who only spend in-store. But as the digital world is expanding at a rapid rate, the omnichannel approach is swiftly evolving.
Retailers must leverage online and offline tactics to succeed
In the USA, bricks-and-mortar retailers had a bad 2018. Now that we're in the ninth year of what's dramatically been dubbed 'the retail apocalypse', local retailers have felt the same pinch. In order to survive, businesses can no longer follow a purely traditional retail model and will have to seek the perfect online-offline fit for their market. With Luxity, we started our journey as a purely online offering to cut down on the overhead expenses.
A guide to starting a technology startup
Building a startup from the ground up takes determination, long hours, and a self-belief that you can do it. According to the Global Entrepreneur 2017 Market Report, only 2,5% of South Africans between the ages of 16 - 65 established a new business between 2016-2017. This is way below the global average and doesn’t bode well for the future, for a GDP to grow we need to create need employment opportunities.
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