LATEST NEWS FOR Truworths International Ltd.  

Truworths International Ltd. (the company) is an investment holding and management company listed on the JSE and the Namibian Stock Exchange. Its principal trading entities, Truworths Ltd. and Office Holdings Ltd., are engaged either directly or thro... [more info]

SA lists clothing allowed for sale as lockdown eases

13 May 2020 /  Nqobile Dludla, Reuters   8
The announcement followed consultations between Patel's ministry and clothing, textile and footwear industry leaders.

SA property owner Spear will provide rental relief to retail tenants

2 Apr 2020 /  Nqobile Dludla, Reuters   1
A halt in payments, however, also raises the question of whether landlords will be forced to default on their own debt commitments.

Retail landlords face rental troubles over Covid-19 lockdown

UPDATE
30 Mar 2020 /  Suren Naidoo   27
Edcon is not the only worry as other retailers consider not paying rent.

New Woolies boss bags R54m in shares

4 Mar 2020 /  Hilton Tarrant   15
Bagattini already heavily incentivised to turn the group’s fortunes around.

Low consumer spending hurts Truworths

21 Feb 2020 /  Melitta Ngalonku   8
SA sales expected to remain constrained in the medium term.

Woolworths and Truworths see fall in profits

20 Feb 2020 /  Moneyweb   
Chris Gilmour – Independent analyst

Truworths posts slight 26-week sales gain

15 Jan 2020 /  Nqobile Dludla, Reuters   1
Group sales increase by 1.2% during the period.

Truworths sees sales tick up for first part of 2020

7 Nov 2019 /  Tanisha Heiberg, Reuters   1
Sales rise to R6.3 billion during the period from July 1 to November 3.

SA debt relief law ‘no cause for alarm’ for investors

21 Aug 2019 /  Adelaide Changole, Bloomberg    2
Retailers have already made provision for the impact of the bill, BofAML analysts say.

Truworths looks to close loss-making stores of UK-based Office chain

16 Aug 2019 /  Nqobile Dludla, Reuters   1
Evaluating store closures as leases come to an end.

TFG outshines its SA retail peers overseas

16 Aug 2019 /  Suren Naidoo   4
Looks to expand its presence in markets that have proved difficult for rivals Woolworths and Truworths.

Truworths forecasts lower annual core earnings

1 Aug 2019 /  Samantha Machado, Reuters    1
Takes impairment charge relating to its UK-based Office shoe chain.

Woolworths quits Ghana in second retreat from West Africa

31 Jul 2019 /  Andre Janse van Vuuren and Janice Kew, Bloomberg   3
Woolworths closes its two stores in the region.

Prospect of SA rate cut stirs hope for retail stocks

18 Jul 2019 /  Adelaide Changole, Bloomberg    2
Sarb expected to reduce its key interest rate on Thursday.

British high street woes weigh on Truworths as retailer slumps

2 Jul 2019 /  Adelaide Changole, Bloomberg    2
Truworths joins the ranks of retailers feeling the pain from the UK's ailing shopping streets.

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