Truworths has experienced challenging trading conditions in both its primary markets.
Despite this, the group managed to expand its SA gross margins, but group operating profit fell 2.3%. Rising sales in its Africa segment, which includes SA, was partially counteracted by a decline in the UK, where Brexit uncertainty and a shift to online shopping continued to weigh on store-based retail, the group said.Or listen to the full audio:
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Myanmar soon to be on money-laundering hotspot watch listBeing on the list carries no sanctions but could curtail the growth of financial, investment and trade flows to the country
Source: BDliveSA - 🏆 12. / 63 Read more »
WATCH: Chaos in Winterveld after Eskom refuses to repair power transformers | Pretoria NewsProtesters barricaded roads with rocks and burning tyres vowing to continue until power is restored to households Don't repair they want to burn🤣 Is not a chaos, is way we communicate with our government This is the only language our government understands. Eskom has the country by the balls
Source: IOL - 🏆 46. / 51 Read more »
WATCH: Billie Eilish performs the Bond theme for the first time at The Brits 2020Talented singer Billie Eilish premiered her new James Bond theme at the Brit Awards.
Source: Channel24 - 🏆 48. / 51 Read more »
WATCH: Joseph Shabalala rememberedThis is the second of three memorial services planned for Shabalala.
Source: eNCA - 🏆 49. / 51 Read more »
WATCH: Bonnie Mbuli in new BBC series 'Noughts and Crosses'Actress and presenter Bonnie Mbuli is set make her return to the small-screen with an international role.
Source: Channel24 - 🏆 48. / 51 Read more »
WATCH: Demi Lovato reveals her struggle with an eating disorder that triggered her 2018 overdoseDemi Lovato gets candid about what led to her overdose.
Source: Channel24 - 🏆 48. / 51 Read more »