JOHANNESBURG (Reuters) -South African retailer Woolworths said it was banking on a revamped Australian fashion chain and a recovering domestic clothing business to fuel growth in 2026 after reporting ...
While its food division contributed 40% of group revenue, its contribution to pretax profit was 36%. Its clothing and general merchandise division, meanwhile, contributed just 21% of revenue but 39% ...
"The impact of softer-than-expected topline growth in our apparel businesses, coupled with pressure on gross profit margins and increased operating expenditure attributable to our transformation ...
Woolworths has pulled a singlet urging people to leave Australia if they don’t “love it” with critics calling the clothing 'racist' and divisive'. The offensive singlet, posted online by Cairns ...
A month after Woolworths Holdings released its dismal financial results, analysts have told shareholders not to give up on the retailer because it has a loyal customer base that is keeping its ...
A shopper walks to a Woolworths store in Johannesburg, South Africa, March 2, 2022. REUTERS/Siphiwe Sibeko/File Photo JOHANNESBURG, Jan 28 (Reuters) – South African upmarket retailer Woolworths ...
JOHANNESBURG, July 31 (Reuters) - South African fashion retailer Woolworths (WHLJ.J), opens new tab expects an up to 29% decline in full-year headline earnings, due to the weaker-than expected ...
Woolworths Holdings, a South African upmarket retailer, saw a 24.8 per cent drop in first-half profit due to lower-than-expected growth in its clothing businesses in South Africa, Australia, and New ...
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