South African fashion retailer Truworths warned on Friday that its half-year profit will fall by up to 8%, mainly due to a decline in sales and gross profit margin in its Africa business. The upmarket ...

South African fashion retailer Truworths warned on Friday that its half-year profit will fall by up to 8%, mainly due to a decline in sales and gross profit margin in its Africa business.

Woolworths remains in a multi-year turnaround of its FBH business, primarily its clothing unit. New CEO Roy Bagattini has ...