Last 8,600
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As of 10:00 AM 01/28/15 All times are local (Market data is delayed by at least 15 minutes).

truworths international ltd (TRU) Snapshot

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05/8/14 - $8,817
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truworths international ltd (TRU) Details

Truworths International Limited, an investment holding company, retails fashion apparel and related merchandise primarily in South Africa and other sub-Saharan African countries. The company operates through Truworths and Young Designers Emporium segments. It retails clothing, footwear, and other fashion products to women, men, and children. The company offers its products under the Truworths, Truworths Man, Identity, Inwear, Truworths Jewellery, Elements, LTD, Ginger Mary, Daniel Hechter, Zeta, and UZZI brands. It operates 641 retail stores in Africa. The company was founded in 1917 and is based in Cape Town, South Africa.

7,297 Employees
Last Reported Date: 09/28/14
Founded in 1917

truworths international ltd (TRU) Top Compensated Officers

Chief Executive Officer, Executive Director, ...
Total Annual Compensation: R6.3M
Chief Financial Officer, Executive Director, ...
Total Annual Compensation: R2.6M
Compensation as of Fiscal Year 2014.

truworths international ltd (TRU) Key Developments

Truworths International Limited Reports Group Sales Results for Period from June 30, 2014 Until December 28, 2014

Truworths International Limited reported group sales results for period from June 30, 2014 until December 28, 2014. Group sales increased by 5.2% to ZAR 6.2 billion over the prior corresponding period. The group reported credit sales growth of 5.4%, comprising of 71% of retail sales, and cash sales growth of 4.7%.

Truworths International Announces Management Changes

The board of Truworths International advised in August 2014 that Michael Mark, who has served the Group as CEO for 23 years, had decided not to renew his contract which expires at the end of June 2015. The board had embarked on a CEO succession process using international search consultants and is delighted to advise that Jean-Christophe Garbino has been appointed Chief Executive Officer of the group with effect from March 01, 2015. Jean-Christophe is the 45 year old CEO of the prominent Kiabi fashion retail group in France having been in its employ since 1992. Jean-Christophe will work closely with Michael, who will continue in his role as the Group's CEO and support the transition process for as long as is necessary. It is envisaged that Michael will continue to serve on the Truworths International Ltd. board after his retirement as CEO.

Truworths International Ltd., Annual General Meeting, Nov 06, 2014

Truworths International Ltd., Annual General Meeting, Nov 06, 2014., at 08:30 South Africa Standard Time. Location: No.1 Mostert Street,.


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