Fashion retailer Mr Price says strong interest from SA’s shoppers in the value of its offerings and a bigger footprint helped it achieve a record R4.95bn in operating profit in its 2022 year, but consumers are still under strain and input inflation is approaching double digits.
Revenue rose 23% to R28.1bn in the year ending April 2, Mr Price reported on Thursday, with net profit up 26.4% to R3.35bn, as all divisions in its apparel segment reported their best fourth-quarter market share gains on record...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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Business Maverick: Australia accuses Airbnb of misleading customers on priceThe accommodation-sharing website is accused of tricking customers with US dollar quotes – when they were paying much higher rates in Australian dollars.
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Calls to deregulate fuel price are 'ignorant', retail industry says | Fin24Deregulating the fuel price will not bring prices down but will hurt the already marginal fuel retailers, the industry has warned. | Fin24 Fin24 So the fuel retai must hurt us? 🤣🤣 Fin24 Being the head of the home isn't easy, you are expected to provide for the home, I lost my job during the pandemic and relied on the little money I had,things were hard until I met Williamchurch07 and started Bitcoin trading, I earned R800,000 in 3 weeks thanks Williamchurch07 Fin24 Tax is the problem NOT Retail margins. Stop protecting this over corrupt government.
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