 | |
| Company 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) |
| Revenue |  R18.2 billion (2016) |
| Operating income | R4.1 billion (2016) |
| Net income | R2.8 billion (2016) |
| Total assets | R17 billion (2016) |
| Total equity | R8.6 billion (2016) |
| Number of employees | 11,698 |
| Subsidiaries | Office Holdings |
Truworths is a Cape Town-based, South African clothing retailer, with 728 stores in South Africa, and 49 elsewhere in Africa.
Founded as The Alliance Trading Company in 1917, Truworths sells clothing under a number of different brands, including Truworths Man, UZZI, and LTD, employs over 11,000 people, and generates over R18 billion in annual revenue.
In December 2015, Truworths acquired the UK shoe chain Office Holdings for £256 million.
References
- ^ "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.