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JOHANNESBURG (Reuters) -South African upmarket retailer Woolworths Holdings reported a 24.8% fall in first-half profit on Wednesday due to softer-than-expected topline growth in its clothing ...

Woolworths is in a bit of a bind, it seems. Its once-unshakable food empire is facing some serious challengers, and its ...

The seller of both fashion and designer clothing has ... sale of its Bourke Street store in Australia “made a very neat profit,” of 792 million rand and while Woolworths won’t use that ...

Woolworths Holdings (WHL ... share growth in its Food division was offset by lower contributions from the clothing businesses both in South Africa and Australia, which are undergoing transformation.

resulting in more in-store promotions and significantly reduced profitability at a sector level, Woolworths said. Sign up here. As a result, during the second half of its financial year ...

South Africa's SPAR plans chain of up to 40 high-end grocery stores South ... January 28, 2025 S.Africa's Woolworths flags lower half-year profit on weak clothing sales South African upmarket ...