Woolies' clothing business turns the corner

Woolworths' business that sells clothes has seen an increase in revenue after the company focused on customer satisfaction.Department chain Woolworths said on Thursday it had turned around its fashion, beauty and home business after fixing poor product choices in clothing, which had weighed on its sales the previous year.

Woolworths shares jumped more than 8% to a 6-1/2-month high after it said sales in its fashion, beauty and home business in the 52-weeks to the end of June rose 1.5% “as a result of a focus on core ranges and basics, backed by improved availability". Sales at Woolworths, which also has a presence in Australia and New Zealand, fell by 1.5% in previous year in the fashion, beauty and home business as its womenswear modern range failed to resonate with its core customers.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Business and society can and should function as a wholeBusinesses cannot operate sustainably at the expense of society; a mutually beneficial relationship needs to exist, writes Heather Lowe
Sumber: BDliveSA - 🏆 12. / 63 Baca lebih lajut »

#PICInquiry: Matjila sheds light on PIC's investment in Tosaco | IOL Business ReportPICInquiry: Former PIC CEO Dr Dan Matjila has detailed how the transaction between the PIC and Independent energy company, Tosaco, unfolded.
Sumber: IOL - 🏆 46. / 51 Baca lebih lajut »

Transnet suspends workers on illegal strike at container terminals | IOL Business ReportThe state-owned rail company said the illegal industrial action was having a negative impact on all customers serviced by the Port of Ngqura.
Sumber: IOL - 🏆 46. / 51 Baca lebih lajut »