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Shein and Temu Outpace Global Retail Giants in South Africa’s Fashion Market

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China-founded e-commerce retailers Shein and Temu have rapidly captured a combined 3.6% share of South Africa’s retail clothing, textile, footwear, and leather (CTFL) market, generating sales worth 7.3 billion rand ($405 million) in 2024, according to a new report.

Shein entered South Africa in 2020, with Temu following in 2024. Both companies have disrupted the local retail sector through aggressive pricing strategies, targeted marketing, and exploiting tax loopholes that initially gave them a competitive advantage over domestic retailers. The tax loopholes were closed last year after calls from local retailers and regulators.

The Localisation Support Fund (LSF) report highlighted a decline in domestic retailers’ market share of the CTFL sector, dropping from 75.3% in 2011 to 74% in 2024. Meanwhile, established international brick-and-mortar brands such as H&M, Zara, and Cotton On collectively hold a 3.4% share.

Shein and Temu together now control 3.6% of the overall CTFL market and a significant 37.1% of South Africa’s e-commerce CTFL market. Shein alone accounts for 28% of online ladies’ CTFL sales.

Sean Mercer, principal consultant at BMA, emphasized the speed of their rise: “Those international retailers have acquired this market share over 13 years, and Shein and Temu have managed to match and surpass this in just five years.”

United Natural Foods Cyber Incident Disrupts Operations, Affects Whole Foods Supply

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United Natural Foods Inc (UNFI), a major U.S. grocery distributor supplying clients including Whole Foods, experienced a cyber incident that forced it to take certain internal systems offline, temporarily disrupting its ability to fulfill and distribute customer orders.

The company disclosed in a June 9 SEC filing that it proactively shut down some systems after detecting unauthorized activity on its networks on June 5. While specifics of the incident were not disclosed, the disruption has caused operational delays expected to continue for a time.

Shares of United Natural fell sharply on Monday, closing down nearly 7% at $25.94 amid concerns over the incident’s impact.

A Whole Foods spokesperson confirmed efforts to restock shelves promptly but referred further questions to United Natural Foods.

This incident follows a series of recent cyberattacks affecting major retailers in the U.S. and UK, including Marks & Spencer, Co-op, Harrods, and Victoria’s Secret. While United Natural has not confirmed the nature of the unauthorized activity, similar disruptions have frequently involved ransomware attacks, where criminals encrypt company data and demand ransom payments.

United Natural Foods is the largest publicly traded distributor focused on “healthier food options” across the U.S. and Canada and recently secured an eight-year extension as primary distributor for Amazon-owned Whole Foods. The company reported $8.2 billion in net sales for the 13 weeks ending February 1, 2025.

The FBI has not commented on the incident.

Morrisons’ Christmas Sales Hit by Cyber Attack on Tech Provider

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British supermarket chain Morrisons reported that a cyber attack on its technology provider, Blue Yonder, in November disrupted product availability and negatively impacted its Christmas sales.

Key Details:

  • Warehouse System Shutdown: CEO Rami Baitieh stated that Morrisons had to shut down its warehouse management system, leading to a loss of visibility on fresh produce and stock levels for several days.
  • Impact on Sales: While Morrisons experienced sales growth in the first quarter ending January, Finance Chief Jo Goff noted that growth was lower than the 4.9% recorded in the previous quarter.
  • Cyber Attack Consequences: The disruption affected Morrisons’ ability to manage inventory efficiently during the critical holiday season.