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South African fashion retailer Truworths reported a 10.3% jump in half-year earnings on Thursday as cash-strapped shoppers snapped up dresses and shoes on credit amid the high cost of living.
Fashion retailer Truworths on Thursday flagged trading risks including sustained pressure on the discretionary spending of South Africans, local port congestion and international shipping ...
South African upmarket fashion retailer Truworths reported a 4.6% fall in half-year earnings on Thursday, as squeezed consumers in its main markets in Africa reduced spending on clothes and shoes ...
Truworths Group reports contrasting performance across markets, with UK operations showing strong growth while South African retail faces headwinds. Despite overall group sales increasing by 2. 4% ...
Truworths International Ltd. agreed to buy the South African clothes-retail business of Naartjie, boosting its childrenswear offering with a second acquisition in as many months.
Truworths International targets expansion in the UK as it enters into talks with a fashion footwear retailer as part of its growth bid.
Truworths International Ltd. agreed to buy a majority stake in U.K. shoe chain Office Retail Group Ltd., the company’s first move into Europe and the latest in a string of international ...
South Africa's Truworths International is entering the highly competitive budget clothing market with a new brand to be launched in 15 stores, looking to adapt to changing shopping habits since ...
Truworths stumbled over more than just a typo in its latest results — its financials paint a picture of slowing growth and declining margins, with Heps down 4.6% and investor sentiment quickly ...