Truworths
Truworths is a Cape Town-based, South African clothing retailer, with 728 stores in South Africa, and 49 elsewhere in Africa.
| Company type | Public company |
|---|---|
| Industry | Clothing |
| Headquarters | , South Africa |
Number of locations | 777 |
Area served | Africa |
Key people | Michael Mark (CEO) Hilton Saven (Chairman) |
| Revenue | R18.2 billion (2016) |
| R4.1 billion (2016) | |
| R2.8 billion (2016) | |
| Total assets | R17 billion (2016) |
| Total equity | R8.6 billion (2016) |
Number of employees | 11,698 |
| Subsidiaries | Office Holdings |
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.
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