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Unilever, IKEA to open stores in Ethiopia

Addis Ababa, Ethiopia - Unilever a multi-national consumer goods company and IKEA the world’s largest furniture retailer are going to open stores in Ethiopia, Capital learned from sources. Unilever that is headquartered in London, England is said to be the world’s second largest consumer goods company measured by revenue with its products available in 190 countries […]

By Business Wire A Single-Origin Coffee Unlike Anything in Starbucks 42-Year History, Ethiopia is Masterfully Roasted for an Exquisite Taste Experience. SEATTLE–(BUSINESS WIRE)– Starbucks Coffee Company (NASDAQ:SBUX) today introduces a new single-origin coffee from the birthplace of coffee, Ethiopia. Starbucks first whole bean packaged coffee available globally since the introduction of Starbucks® Blonde Roast two […]

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Retailers should seriously consider the opportunities in Ethiopia. This is if two new reports by Sagaci Research are to be believed. According to the company, Ethiopia’s capital Addis Ababa holds potential for 15 to 20 new modern supermarkets, as well as five to 10 new shopping malls. Over the past years, sub-Saharan Africa has seen a steady […]

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H&M Looks to Source Clothing From Ethiopia

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Retailer Hopes African Country Will Help Keep Shelves Stocked. STOCKHOLM—H&M Hennes & Mauritz AB HM-B.SK -1.63% is looking to Ethiopia as a new low-cost country in which it will produce clothing, as the apparel retailer races to keep shelves stocked at a growing number of stores world-wide. The Swedish company relies heavily on Bangladesh for clothes production, and a […]

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Ethiopia’s soleRebels footwear brand takes on the Asian market

Ethiopia’s soleRebels footwear company that has received an immense amount of international attention, was recently featured in the December edition of the Chinese Vogue magazine alongside well established brands such as Armani, Chanel, Gucci and Valentino. This comes at a time when soleRebels is positioning itself strategically for expansion across Asia. The company, which opened its first […]

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SoleRebels opens first outlet in Taiwan

Bethlehem Tilahun Alemu is one of Africa’s most celebrated businesswomen. The international media seemingly can’t get enough of this founder of soleRebels, an Ethiopian-based footwear company. She has won numerous entrepreneurship awards, posing in pictures with the likes of Richard Branson, and regularly speaks at conferences across the world. For many people, Alemu has become a poster […]

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A Walmart store in Ethiopia?

Washington, DC. – Walmart, the US multinational retailer corporation that runs chains of large discount department stores and warehouse stores, and the Ethiopian government are conducting negotiating on the question of the former entering the Ethiopian market, it was learnt. According to sources, an Ethiopian delegation was in Washington DC last week to discuss the […]

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