Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Johannesburg Stock Exchange  >  Clicks Group Limited    CLS   ZAE000134854

CLICKS GROUP LIMITED

(CLS)
  Report
End-of-day quote. End-of-day quote Johannesburg Stock Exchange - 02/24
245.12 ZAR   0.00%
02/17AMAZON COM : Daimler's Torc Robotics picks Amazon as cloud provider for self-driving trucks
RE
02/08S.Africa issues COVID-19 vaccine import, storage & distribution tender
RE
02/02CLICKS : Musica Closes Shop
AQ
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

TRESemmé hair ad angers South Africans still hurting from racist past

09/14/2020 | 01:38pm EST
A customer has her hair done by a stylist at a saloon in Soweto

Sitting in a hair salon as a stylist braids her natural hair, Sana Sebone recalls a time in 2013 when she worked on a construction site and was told her dreadlocks were too long and represented a hazard.

She was upset, she said, mainly because her white colleagues with long hair were not told the same as their hair was considered "normal".

Seven years on, that term is haunting her again after an advert was released by TRESemmé, a Unilever brand, describing images of African Black hair as "frizzy and dull" and "dry and damaged" while a white woman's hair was referred to as "normal".

"It really upset me," said 30-year-old Sebone, who turned to dreadlocks after tiring of straightening her natural hair to make it look "presentable" in others' eyes.

Unilever has apologised for the advert, which it admitted was "racist", while TRESemmé South Africa and Drugstore Clicks Group, on whose website the advert was posted, have also apologised.

"We are in the year 2020. How ignorant can you be to still think Black women's natural hair is ugly, is fuzzy and is all those negative words?," Sebone said at the salon in Midrand, a suburb in northern Johannesburg.

The advert caused an outcry on social media and sparked protests led by the opposition Economic Freedom Fighters in a country where unfair treatment of people based on their hair evokes painful memories of prejudice during apartheid, which ended in 1994.

In those years, a "pencil test" was used to determine someone's racial identity: A pencil was inserted into a person's hair and if it did not fall out, that person was considered not white.

"Our forefathers have fought this. Are we still fighting this? When will it end?," said 48-year-old Nomsa Nyathi as she sat under a hair steamer at the salon.

Black hair is still policed in places like schools, where Black girls with natural afros or dreadlocks are sometimes suspended for not "wearing their hair right" or are asked to straighten their hair.

"Everything about being a Black female in South Africa or even in the world screams 'You're not good enough, you don't fit in here, you're not wanted here'," said 42-year-old Ntombenhle Khathwane, founder of Black hair products brand AfroBotanics.

Khathwane herself remembers being told in high school that her dreadlocks did not align with the school's neatness policy.

Unilever has pulled all TRESemmé products from South African retail stores for 10 days. Its South African unit has moved to set up an advisory board and a diversity committee.

(Reporting by Nqobile Dludla; Editing by Olivia Kumwenda-Mtambo and Hugh Lawson)

By Nqobile Dludla


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
CLICKS GROUP LIMITED 0.00% 245.12 End-of-day quote.-2.99%
DIS-CHEM PHARMACIES LIMITED 0.00% 22.7 End-of-day quote.8.04%
DOW JONES AFRICA TITANS 50 INDEX 0.45% 539.47 Delayed Quote.1.60%
DOW JONES SOUTH AFRICA(ZAR) 1.25% 1952.37 Delayed Quote.9.28%
PICK N PAY STORES LIMITED 2.63% 53.43 End-of-day quote.6.31%
S&P AFRICA 40 INDEX 0.72% 176.52 Delayed Quote.1.38%
SHOPRITE HOLDINGS LIMITED 1.28% 139.95 End-of-day quote.-0.04%
UNILEVER PLC -1.87% 3837 Delayed Quote.-12.59%
All news about CLICKS GROUP LIMITED
02/17AMAZON COM : Daimler's Torc Robotics picks Amazon as cloud provider for self-dri..
RE
02/08S.Africa issues COVID-19 vaccine import, storage & distribution tender
RE
02/02CLICKS : Musica Closes Shop
AQ
01/28CLS : CLICKS GROUP LIMITED - Trading Update for 21 weeks to 24 January 2021 and ..
PU
01/27CLS : CLICKS GROUP LIMITED - Results of annual general meeting
PU
01/27CLICKS GROUP LIMITED : Proxy Statments
CO
01/20S.African experts urge government to lay out COVID-19 vaccine plan
RE
01/20CLICKS GROUP LIMITED : Ex-dividend day for final dividend
FA
01/07S.Africa's two biggest pharmacies plan to offer COVID-19 vaccines
RE
2020CLICKS GROUP LIMITED : Press Release
CO
More news
Financials
Sales 2021 37 471 M 2 584 M 2 584 M
Net income 2021 2 088 M 144 M 144 M
Net cash 2021 2 731 M 188 M 188 M
P/E ratio 2021 29,2x
Yield 2021 2,18%
Capitalization 60 952 M 4 186 M 4 203 M
EV / Sales 2021 1,55x
EV / Sales 2022 1,41x
Nbr of Employees 15 582
Free-Float 100,0%
Chart CLICKS GROUP LIMITED
Duration : Period :
Clicks Group Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends CLICKS GROUP LIMITED
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 6
Average target price 262,67 ZAR
Last Close Price 245,12 ZAR
Spread / Highest target 14,6%
Spread / Average Target 7,16%
Spread / Lowest Target 1,58%
EPS Revisions
Managers and Directors
NameTitle
Vikesh Ramsunder Chief Executive Officer & Executive Director
Michael Fleming Chief Financial Officer & Executive Director
David Morris Nurek Independent Non-Executive Chairman
Martin Rosen Independent Non-Executive Director
Fatima Abrahams Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
CLICKS GROUP LIMITED-2.99%4 186
WALGREENS BOOTS ALLIANCE, INC.23.29%41 828
MCKESSON CORPORATION4.24%28 742
CARDINAL HEALTH, INC.-1.89%15 265
HUADONG MEDICINE CO., LTD28.95%10 121
DASHENLIN PHARMACEUTICAL GROUP CO., LTD.13.48%9 411