South Africa's Woolworths profit slumps on soft clothing sales growth
South African upmarket retailer Woolworths Holdings reported on Wednesday a 24.8% decline in profit in its first-half, due to softer-than-expected topline growth in its clothing businesses at home and ...
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Woolworths Margin Slides as Efforts to Fix Fashion Stall
(Bloomberg) -- Woolworths Holdings Ltd. gross profit margins narrowed after efforts to fix its South African clothing unit failed to fully materialize. The seller of both fashion and designer ...
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Woolworths profit slumps on soft clothing sales growth
Upmarket retailer Woolworths Holdings reported a 24.8% fall in first-half profit due to softer-than-expected topline growth in its clothing businesses in South Africa, Australia, and New ...