Truworths
 | |
Type | Public company |
|---|---|
| Industry | Clothing |
| Headquarters | Cape Town , South Africa |
Number of locations | 777 |
Area served | Africa |
Key people | Michael Mark (CEO) Hilton Saven (Chairman)[1] |
| Revenue |  R18.2 billion (2016)[1] |
Operating income | R4.1 billion (2016)[1] |
Net income | 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 |
| Website | www.truworths.co.za/  |
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
^ abcdefgh "Truworths Annual Financial Statements 2016" (PDF). Truworths. 2016-08-18. Retrieved 2017-02-05..mw-parser-output cite.citation{font-style:inherit}.mw-parser-output q{quotes:"""""""'""'"}.mw-parser-output code.cs1-code{color:inherit;background:inherit;border:inherit;padding:inherit}.mw-parser-output .cs1-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/6/65/Lock-green.svg/9px-Lock-green.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .cs1-lock-limited a,.mw-parser-output .cs1-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/d/d6/Lock-gray-alt-2.svg/9px-Lock-gray-alt-2.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .cs1-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/a/aa/Lock-red-alt-2.svg/9px-Lock-red-alt-2.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registration{color:#555}.mw-parser-output .cs1-subscription span,.mw-parser-output .cs1-registration span{border-bottom:1px dotted;cursor:help}.mw-parser-output .cs1-hidden-error{display:none;font-size:100%}.mw-parser-output .cs1-visible-error{font-size:100%}.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registration,.mw-parser-output .cs1-format{font-size:95%}.mw-parser-output .cs1-kern-left,.mw-parser-output .cs1-kern-wl-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right,.mw-parser-output .cs1-kern-wl-right{padding-right:0.2em}
^ "About Us". Truworths. Retrieved 2017-02-05.
^ "Our History". Truworths. Retrieved 2017-02-05.
^ "Whistles bought by South Africa's Foschini Group | Business | The Guardian". theguardian.com. Retrieved 2016-03-24.
External links
Official website
