Retailer Woolworths is cutting back on the wide range of clothing it offers, reducing its formal wear, expanding its casual “athleisure” clothing and cutting store space as its fashion business continues to lag behind the market.

The retail group’s first-half results to December 27 showed turnover rose 5.8% to R39.6bn, with almost half coming from star performer Woolworths Food, whose turnover grew 12.1%...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now