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.

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 African fashion retailer Truworths on Thursday reported a 6.3% decline in full-year profit, citing a drop in discretionary spending by customers squeezed by high interest rates.