Retail fallout linked to need for innovation
25/02/2019 - 12:13
Retailers across the world continue to face strong headwinds. They have suffered a sharp drop in business in recent years, with bankruptcy filings and store closings almost becoming commonplace.
Truworths commits to transformation of its board
02/11/2018 - 11:57
Clothing retailer Truworths, which has been targeted by activist shareholders because of the dominance of long-standing white males on its board and executive management team, says it is fully committed to transformation and is on track to reach its board-level BEE targets within 18 months.
Truworths falling short of the mark
22/02/2018 - 08:28
With the group trailing its clothing peers, some wonder why its long-standing boss has not resigned yet.
Truworths feels consumer pressure
18/08/2017 - 08:51
Truworths’ share price jumped almost 5% by the close of the JSE on Thursday despite the retailer reporting a contraction in earnings and little growth in full-year profit.
The new face of SA clothing
07/08/2017 - 11:21
TCI Apparel chair and CEO Herman Pillay, at the age of just 41, is arguably the face of the new generation of South Africa’s clothing and textile executives who are reviving the clothing sector – one factory at a time – and providing local fashion designers with a platform to showcase their work.