JSE-listed retailer Mr Price, whose share price has lost a third of its value in 2019, said on Thursday profits had fallen by double digits in its six months to end-September as it grappled with stock problems in its apparel division.
Excess stock required markdowns to clear, with Mr Price Apparel sales declining 1.3% and after-tax profit falling 10.2% to R1.1bn, the company said...
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