71
Fashion Jobs
L'OREAL GROUP
Multi-Brand Education Manager
Permanent · JOHANNESBURG
L'OREAL GROUP
E-Commerce Manager
Permanent · JOHANNESBURG
BEIERSDORF
Brand Manager
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G-STAR
Key Account Manager
Permanent · CAPE TOWN
ESTÉE LAUDER COMPANIES
Marketing & Sales Operations Manager (Sub Saharan Africa)
Permanent · JOHANNESBURG
ESTÉE LAUDER COMPANIES
Marketing & Sales Operations Manager (Sub Saharan Africa)
Permanent · JOHANNESBURG
PUMA
Payroll Administrator
Permanent · CAPE TOWN
ADIDAS
Senior Manager Sales: Shoe Channel - em South
Permanent · CAPE TOWN
ADIDAS
Senior HR Business Partner (6-Months Maternity Cover)
Permanent · CAPE TOWN
L'OREAL GROUP
Product Manager
Permanent · JOHANNESBURG
TREK
Country Manager
Permanent · SANDTON
L'OREAL GROUP
E-Commerce Key Account Manager
Permanent · JOHANNESBURG
BEIERSDORF
Precision Marketing & Audience Specialist
Permanent · DURBAN
CLINIQUE
Clinique - Roamer - Edgars Eastgate, Gauteng - 40 Hours - Full-Time - Permanent
Permanent · JOHANNESBURG
PANDORA
Sales Assistant Ppt 96 Hours Balito
Permanent · DURBAN
L'OREAL GROUP
Data Analyst
Permanent · JOHANNESBURG
HTNK
High-End Fashion/Denim Designer
Permanent · JOHANNESBURG
H&M
Talent Acquisition Specialist
Permanent · CAPE TOWN
ADIDAS
Specialist Franchise Excellence - Ems Africa Export
Permanent · CAPE TOWN
LOVISA
Full Time Team Member | v&a Waterfront, Cape Town
Permanent · CAPE TOWN
LOVISA
Store Manager | v&a Waterfront, Cape Town
Permanent · CAPE TOWN
PANDORA
Sales Assistant Pavillion
Permanent · WESTVILLE
By
Reuters
Published
Aug 17, 2018
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South Africa's Truworths creates COO role to boost sales as FY profit falls

By
Reuters
Published
Aug 17, 2018

South African fashion retailer Truworths International has created a chief operating officer position to boost retail sales growth at home and in the UK, where consumer spending remains under pressure and online competition is growing.

Office Holdings


Truworths, which also runs British footwear chain Office, made the announcement of the new role on Thursday after reporting a 7.3 percent fall in annual profit, sending its shares more than 4 percent higher. The profit decline was in line with analyst estimates.

Chief Financial Officer David Pfaff, 53, was appointed to the new COO position responsible for retail store operations and will also continue his role as CFO, Truworths said in a statement.

At home, the retailer launched its new e-commerce site earlier this year to better its online offering and is also expanding its recently acquired homeware Loads of Living business.

In the United Kingdom, the firm has been introducing improved ranges and product mix to address margin and profit decline.

Truworths said diluted headline earnings per share (HEPS) for the 52 weeks to July 1 declined to 612.7 cents compared to the 53-week prior period, in line with the average estimate of 612 cents in a poll of eight analysts by Thomson Reuters.

Compared to the 52-week prior period, diluted HEPS declined 1.3 percent.
Headline EPS, a widely watched profit measure in South Africa, strips out certain one-off, non-trading items.

Group retail sales fell by 2.7 percent to 18 billion rand ($1.24 billion), and unchanged compared to the 52-week prior period.

The firm’s shares pared gains to trade up 2.66 percent at 81.70 rand. 

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