Italtile sees signs of early recovery in demand and spend
System-wide retail turnover reported by its brands CTM, Italtile Retail and TopT rose 2.2% compared with the prior period
09 December 2024 - 09:39
Italtile says though it is seeing the early signs of green shoots, the sustainability of the trend of improvement in demand and spend has yet to be proved.
Releasing a voluntary sales update for the five months ended November, the franchisee, retailer and manufacturer of tiles and bathroom ware said the first half of the review period was characterised by subdued consumer confidence and spend in the building and construction sector...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.