Zando

2024 - 10 - 16

And Just Like That... Zando Winks Goodbye to South Africa!

E-commerce - Fashion Retail - Job Losses - Jumia Technologies - Market Exit - Online Retail - South Africa - Zando

Zando is shutting down as Jumia exits South Africa, leaving job losses but room for the curious to explore other e-commerce avenues. What’s next in retail?

In a surprising twist that has left shoppers shaking their heads and maybe even scrambling for last-minute sales, Zando, that trendy online fashion retailer, is set to shut its virtual doors as Jumia Technologies pulls the plug on its South African operations. As part of a strategic retreat, Jumia's CEO, Francis Dufay, announced that not only is Zando exiting the bustling South African market, but they’re also waving goodbye to Tunisia in a bold move to concentrate on markets where they can lean into profitability. The news may cause a stir among fashionistas, but fear not, the online shopping game is ever-evolving and there are new players waiting in the wings.

The decision to close Zando is designed to streamline operations, resulting in approximately 110 job losses. However, there is a glimmer of hope as some staff might be reallocated to different parts of Jumia’s eclectic business framework. What does this mean for local consumers? Well, it opens up the avenue for potential new market entrants, perhaps leading to fresh competition and innovative ways to shop online. Who knows, the next big online fashion hub could be just around the corner, waiting to spice up your wardrobe.

While the news of Zando’s closure is disappointing for many, let’s face it, the ever-changing online retail landscape is akin to a catwalk show—with new designs and players strutting onto the scene at every turn! Jumia’s pivot signifies that they are determined to focus on more profitable areas, particularly shining a spotlight on Nigeria, where they believe the golden opportunities lie. As South Africans adjust to this news, it might just be the perfect moment to discover local talents or explore international options that haven't yet hit the mainstream.

As e-commerce continues to thrive across the globe, one can't help but wonder what this means for the future of online shopping in South Africa. Will we see the rise of new contenders in the fashion space? History has shown that whenever one door closes, another opens—whether it’s in retail or life in general. Until we find out, keep those credit cards ready because a new wave of online fashion may just be flooding your feed!

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Image courtesy of "TimesLIVE"

Zando to shut down as online retailer Jumia exits South Africa and ... (TimesLIVE)

The closures mean axing about 110 jobs, but some may be relocated to other parts of the group's business.

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Image courtesy of "Business Day"

Zando to close as online retailer Jumia exits SA and Tunisia (Business Day)

The Africa-focused e-commerce retailer plans to sharpen its focus on its other markets.

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Image courtesy of "Independent Online"

Fashion retailer Zando is leaving South Africa (Independent Online)

Jumia's chief executive officer Francis Dufay told Reuters that in addition to closing Zando they were closing their Tunisian operations in order to focus on ...

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Image courtesy of "Finimize"

Jumia Shutters Zando And Tunes Out Of Tunisia (Finimize)

In a strategic pullback, Jumia shifts its focus to profitable markets, leaving South Africa and Tunisia behind to cut costs and enhance growth elsewhere.

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Image courtesy of "BusinessTech"

Another major retailer in South Africa closing its doors (BusinessTech)

Jumia Technologies CEO told Reuters that the group will be shutting down Zando.co.za as it shifts its focus to other markets.

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Image courtesy of "MyBroadband"

Major online store shutting down in South Africa (MyBroadband)

Zando owner Jumia Technologies plans to shut down the online fashion retailer at the end of 2024 as it shifts its focus to its other markets.

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Image courtesy of "Naija247news"

Jumia to Shut Down Zando, Tunisia Operations, Focuses on Nigeria ... (Naija247news)

JOHANNESBURG, Oct 16 (Reuters) – Jumia Technologies, Africa's leading e-commerce platform, will shut down its South African fashion retailer Zando and ...

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Image courtesy of "TechCentral"

South African online fashion retailer Zando to close down ... (TechCentral)

Africa-focused e-commerce retailer Jumia Technologies will close its South African online fashion retailer Zando and its Tunisian operations by the end of ...

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Image courtesy of "News24"

'Everything must go:' Online fashion retailer Zando quits SA (News24)

Africa-focused ecommerce group Jumia Technologies, which is listed on the New York Stock Exchange, is shutting its Zando platform in SA after more than 10 ...

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Image courtesy of "ITWeb"

Online fashion retailer Zando to cease operations in SA (ITWeb)

Zando owner Jumia prepares to close its local subsidiary in South Africa and Tunisia, to focus on markets with stronger growth potential.

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Image courtesy of "Bizcommunity.com"

Everything must go: online retailer Zando ceases operations (Bizcommunity.com)

Jumia Technologies, an e-commerce platform in Africa, has announced the planned closure of its operations in South Africa, operated under the brand name ...

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Image courtesy of "Moneyweb.co.za"

Fashion retailer Zando to close (Moneyweb.co.za)

'A bit of a sad decision for us' but 'we decided to cease operations in South Africa and focus on strategic markets' – Abdesslam Benzitouni of Jumia ...

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Image courtesy of "News24"

Zando's SA failure: Execution problems, lack of differentiation, and ... (News24)

Execution problems, intensifying competition and simply not differentiating itself enough from a host of other ecommerce platforms likely led to the demise ...

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