South African fashion retailer Truworths reported on Thursday flat group sales in the first 18 weeks of the 2026 financial year, as sales declined in its Africa business despite a strong performance in its United Kingdom (UK) operations.
The group’s retail sales were unchanged $415.88 million for the period from June 30 to November 2, compared to last year, Truworths said in a statement, adding that its gross profit margin improved on the prior year.
Its UK-based shoe retailer, Office, posted a 6% growth in retail sales at $152.06 million, which was driven by a strong demand in fashion footwear and a broad customer appeal.
–Reuters–
