Woolworths CEO upbeat clothing unit will cover itself in long-term success
The food division delivers a strong performance with Woolies Dash reporting sales growth of 49.2%
05 March 2025 - 08:17
UPDATED 05 March 2025 - 19:20
Woolworths CEO Roy Bagattini stood firm in his belief that the clothing unit is on course to deliver higher returns, saying the half-year’s underperformance was a temporary blip stemming from a sweeping overhaul of the division’s supply chain.
Bagattini was speaking to Business Day shortly after the high-end retailer issued its financial results, which showed it had suffered a drop in the apparel division at home and Australia overshadowed a strong showing for its food division...
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