Italtile to test lighting retail market

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The tile manufacturer is setting up five pilot stores in Johannesburg

Tile and bathroom-ware firm Italtile, whose brands include CTM and Top T, is eyeing a foray into the lighting market, with five pilot stores to be set up before the end of August, CEO Jan Potgieter says.

Italtile, which celebrates its 50th anniversary in 2019, is a manufacturer, franchisor and retailer of tiles, bathroom-ware and other related home-finishing products. Potgieter said the lights retail market in SA was valued at about R2.5bn. “It is a big enough market for us to start playing in.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

MARKET WRAP: JSE closes lower as markets await US Fed chair commentsInvestors will be closely monitoring Fed chair Jerome Powell’s speech looking for any hints on whether the Fed may cut rates further in 2019
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE advances amid firm global markets and rosy inflation figuresA fall in inflation to 4% year on year in July has increased the chances of SA receiving another cut in the interest rate, but global risks persist
Source: BDliveSA - 🏆 12. / 63 Read more »