SOUTH AFRICA: Woolworths Holdings clothing sales climb
South African retail group Woolworths Holdings has booked an increase in domestic clothing sales in the first 26 weeks of its 2014 fiscal year.
In the period ended 29 December, clothing sales in South Africa were up 10.7%. The retailer said the figures include Country Road's South African sales.
Sales in comparable stores grew by 8.8%. Retail space, including stores in the rest of Africa, was up 4.2%, net of closures year-on-year.
General merchandise sales climbed 6.9% and 5.1% on a comparable basis.
Sales in Australia and New Zealand, including the Witchery group, increased by 28.9%, in Australian dollar terms. Comparable store sales were up 5.5% and net space, excluding the Witchery group, grew 4.2%.
- The difference between compliance and safety?
- Central America must make better use of DR-CAFTA
- How M&S plans to revamp its clothing business
- Yarn-forward rules weigh on Vietnam TPP potential
- Is China really going through a slump?
- US Q1 in brief – Guess, Burlington Stores, Sears
- Gap accused of rights violations in supply chain
- BHS supplier Courtaulds Brands in administration
- Nike management changes to drive innovation
- Social responsibility key to winning millennials
- Victoria's Secret Stores, Inc.: Retailing - Company Profile & SWOT Analysis
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Apparel Accessories in Hong Kong, China
- Nike Inc in Apparel and Footwear (World)
- Practical Price Negotiation for Apparel Sourcing Professionals