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Truworths is a Cape Town-based, South African clothing retailer, with 728 stores in South Africa, and 49 elsewhere in Africa. [2]Founded as The Alliance Trading Company in 1917, Truworths sells clothing under a number of different brands, including Truworths Man, UZZI, and LTD, [3] employs over 11,000 people, and generates over R18 billion in annual revenue.
The company previously operated 55 stores located in the United States, [2] and was based in Salt Lake City, Utah, United States.The company's American corporation filed for Chapter 11 bankruptcy protection on September 15, 2013. [3]
TFG Limited, also known as The Foschini Group, is a South African JSE listed retail clothing group, which trades under various brands and has more than 3,000 stores within its portfolio. [3]
Office Holdings is a fashion retailer owned by the South African company, Truworths. It operates the "Office" chain of footwear standalone stores in the UK, Ireland and Germany, along with concessions in Las Vegas, New York City, and Chicago, US. Office Holdings also owns Offspring; a casual shoe and trainer retailer in the UK. [1]
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Truworths International Limited: fashion, apparel, retail, fashion brands truworths.co.za: TEX Texton Property Fund Limited TGA Thungela Resources Limited mining THA Tharisa plc TLM Telemaster Holdings TMT Trematon Capital Inv Limited TRL Trellidor Hldgs Limited security TSG Tsogo Sun Limited
Outside of Mazars, in 2003, Saven was appointed to the board of Truworths, [4] a large retail company listed on the Johannesburg Stock Exchange, and is currently serving as their non-executive chairman.
However, by 1999 declining sales and growing losses resulted in Truworths ceasing funding of the business. The company was put into voluntary administration in November that year. The core retail brands, Sportscraft, Sportsgirl and David Lawrence were sold individually in 2000 to respectively, Apparel Group, Sussan Corporation and Webster Holdings.