Mr Price, supplying fashion apparel and homeware at the lower end of the market, managed to extract a reasonable result in the year to March 31 2020 in the face of a rapidly deteriorating SA economy.
Like its peer TFG in the clothing retail sector of the JSE, Mr Price acted quickly and decisively to counteract the effect of the Covid-19 pandemic. It exited operations in Australia, Nigeria and Poland, allowing it to focus exclusively on Southern Africa, Ghana and Kenya.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.
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