Clicks has increased its stake in beauty retailer ARC, giving the retail giant a controlling interest in the company.<\/p>\n\n\n\n
Clicks announced the increased shareholding in a voluntary announcement issued on the Stock Exchange News Service (SENS) on 28 September 2026.<\/p>\n\n\n\n
The retailer increased its stake in ARC by 35.3 percentage points, making it the majority shareholder with 61% of the company’s shares.<\/p>\n\n\n\n
The additional 35.3% interest was purchased from ARC’s founding shareholders for approximately R507 million.<\/p>\n\n\n\n
Clicks confirmed that ARC’s existing shareholders will remain invested in the company and that its current executive team will remain with the company until 2028.<\/p>\n\n\n\n
“This provides continuity of management and shareholder alignment as ARC continues to expand,” Clicks said.<\/p>\n\n\n\n
ARC was founded in 2020 and has since expanded to 12 stores in several prominent South African shopping malls, including Menlyn Park Shopping Centre and Sandton City.<\/p>\n\n\n\n
ARC’s Sandton City outlet is currently the largest beauty store in Africa, and the company plans to expand to 20-30 stores in the medium term.<\/p>\n\n\n\n
Clicks CEO, Bertina Engelbrecht, said the controlling stake in ARC would increase the group’s exposure to the growing beauty market.<\/p>\n\n\n\n
“The acquisition of a controlling stake in ARC provides the group with increased exposure to the growing premium beauty market, which is currently valued at more than R6 billion annually,” she said.<\/p>\n\n\n\n
“ARC has established a differentiated position in the premium beauty market, and we see potential to grow the business and to leverage the strengths of both ARC and Clicks.”<\/p>\n\n\n\n
The relationship between the two retailers started in 2021, when Clicks entered into an affinity partnership with ARC through its Clicks ClubCard.<\/p>\n\n\n\n
This partnership allowed ClubCard holders to earn rewards when shopping at any ARC retailer, with Clicks also offering pickup points for the beauty retailer.<\/p>\n\n\n\n
Clicks said that in the last year, spending in its stores by ARC customers increased by 16% to R836 million.<\/p>\n\n\n\n
The majority stake in ARC comes as Clicks has increasingly looked to expand its presence in South Africa.<\/p>\n\n\n\n
For the 2026 financial year, the group allocated R662 million in capital expenditure towards up to 50 new Clicks stores and pharmacies, and up to 90 refurbishments.<\/p>\n\n\n\n
The increased stake in ARC remains subject to regulatory processes, and Clicks expects the deal to take effect shortly after it is approved by the Competition Commission.<\/p>\n\n\n\n
“The effective date of the transaction is expected to be the first day of the month following the approval by the competition authorities,” the company said.<\/p>\n","protected":false},"excerpt":{"rendered":"
Clicks has purchased a majority share of beauty retailer ARC for R507 million.<\/p>\n","protected":false},"author":131,"featured_media":877161,"comment_status":"open","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"posted","_sma_x_autopost_error":"","_sma_x_post_id":"2104491063389942044","_sma_facebook_post_id":"191437357620492_2219275858892813","_sma_instagram_post_id":"17958110709249931","_sma_x_attempts":1,"footnotes":""},"categories":[1],"tags":[14081,4268,12128],"class_list":["post-877138","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trending","tag-arc","tag-clicks","tag-sandton-city"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/877138","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/131"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=877138"}],"version-history":[{"count":18,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/877138\/revisions"}],"predecessor-version":[{"id":877165,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/877138\/revisions\/877165"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/877161"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=877138"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=877138"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=877138"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}