Truworths
 | |
| Company type | Public company |
|---|---|
| Industry | Clothing |
| Headquarters | , South Africa |
Number of locations | 777 |
Area served | Africa |
Key people | Michael Mark (CEO) Hilton Saven (Chairman)[1] |
| Revenue |  R18.2 billion (2016)[1] |
| R4.1 billion (2016)[1] | |
| R2.8 billion (2016)[1] | |
| Total assets | R17 billion (2016)[1] |
| Total equity | R8.6 billion (2016)[1] |
Number of employees | 11,698[1] |
| Subsidiaries | Office Holdings |
Truworths is a Cape Town-based, South African clothing retailer, with 728 stores in South Africa, and 49 elsewhere in Africa.[2]
Founded as The Alliance Trading Company in 1917, Truworths sells clothing under a number of different brands, including Truworths Man, UZZI, and LTD,[3] employs over 11,000 people, and generates over R18 billion in annual revenue.[1]
In December 2015, Truworths acquired the UK shoe chain Office Holdings for £256 million.[4]
References
[edit]- ^ a b c d e f g h "Truworths Annual Financial Statements 2016" (PDF). Truworths. 2016-08-18. Retrieved 2017-02-05.
- ^ "About Us". Truworths. Retrieved 2017-02-05.
- ^ "Our History". Truworths. Retrieved 2017-02-05.
- ^ Farrell, Sean; Butler, Sarah (24 March 2016). "Whistles bought by South Africa's Foschini Group | Business | The Guardian". The Guardian. theguardian.com. Retrieved 2016-03-24.