JOHANNESBURG (Reuters) - South African retailer Woolworths Holdings Ltd reported a 2.1% drop in annual earnings on Thursday but cheered investors with a turnaround in its Fashion, Beauty and Home ...
JOHANNESBURG, Sept 4 (Reuters) - Headwinds including product availability and higher living costs have pushed back when Woolworths' fashion business will reach its profit margin target, the retailer's ...
Woolworths is in a tough spot. Its high-end food business faces increasing competition, and its clothing business continues struggling. Woolworths’ financial results for the 26 weeks ended 29 December ...
South African retailer Woolworths has reported a 17.7% fall in half-year profits on the back of weakness in womenswear sales. The company sells food, clothing, and homewares and also owns Country Road ...
Woolworths Holdings Ltd. is selling more clothes at full price at its South African clothing unit even as international online-only apparel rivals such as Shein and Temu are changing local shopping ...
In a show of confidence, two Woolworths executives have purchased stock in the company worth more than R30 million. The retailer disclosed to shareholders that Sam Ngumeni acquired 443 754 shares ...
Woolworths warned on Tuesday that half-year profit could decline by more than a quarter as a result of a weak performance in its clothing division, casting a shadow over CEO Roy Bagattini’s plan to ...
Woolworths has issued a trading update showing that sales across the group shrank by 1.1% in the year ended on 28 June. Had it not been for Woolworths Food, the only division that grew sales during ...
Lawrence Pillay, Woolworths’ group head of sourcing, says, "Ethical sourcing is paramount for us, and we’re dedicated to monitoring our approach to ensure a positive impact." Key to the winter range ...
SYDNEY—Woolworths Holdings Ltd. offered more than 200 million Australian dollars (US$188 million) to Solomon Lew, as it attempts to stop the local billionaire from obstructing its foray into Australia ...
JOHANNESBURG (Reuters) - South African retailer Woolworths Holdings Ltd reported a 2.1% drop in annual earnings on Thursday but cheered investors with a turnaround in its Fashion, Beauty and Home ...
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