
Office Shoes, The Truworths-owned UK footwear retailer, saw its profits plunging in its latest financial year as more markdowns and the collapse of the House of Fraser business hit it hard.
43 published items with the word (s) or phrase Truworths in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
Office Shoes, The Truworths-owned UK footwear retailer, saw its profits plunging in its latest financial year as more markdowns and the collapse of the House of Fraser business hit it hard.
South African fashion retailer Truworths International has created a chief operating officer position to boost retail sales growth at home and in the UK, where consumer spending remains under pressure.
It’s all-change at Jigsaw as the group sees the immediate departure of CEO Peter Ruis after four-and-a-half years at the helm and reports suggest the firm will announce a new investor in the next few days.
British footwear brand Office believes the trading environment in the UK will remain uncertain this year but expects its integration into Truworths to help it continue its expansion.
First it was Shop Direct calling off its mega-billions sale and now Kaupthing is believed to have ended the bidding process for its trio of key (but far less valuable) UK fashion brands, Oasis, Coast and Warehouse.
Up-for-sale trio Oasis, Coast and Warehouse will make headlines in the weeks ahead with their most likely buyer being an Indian entrepreneur reportedly on Interpol’s most wanted list, although he says that’s a mistake.
The bidders for Oasis, Coast and Warehouse are reported to include Philip Day, Foschini, Alteri and Truwowrths, but they are believed to have offered less than half the £100m the trio's owners had wanted.
Office Holdings, the company that operates the Office and Offspring footwear chains, saw sales soaring in its latest financial year.
South Africa's Mr Price reported lower third-quarter sales on Tuesday, as weak economic growth and tough competition forced the no-frills retailer to sell its clothing at lower prices.
South Africa's The Foschini Group (TFG) posted better than expected Christmas sales, the firm said on Monday, buoyed by its recent British acquisitions and sending its shares to a 20-month high.