Home / Knowledge / News / Apparel/Garments / Woolworths considers expanding & going online
Woolworths considers expanding & going online
25
Nov '10
Woolworhs Holdings Ltd., a South Africa based food and clothing retailer is considering expansion, as it intends to launch retail outlets in more countries in Africa, and also to open a wide range of its products for online shopping so as to draw more customers.

Currently, Woolworths has set up shop in around 12 countries in Africa, and is surveying the market prospects for spreading out in several other countries there.

The firm stated that, it is now assessing its status with regards to its 'Africa strategy', and would reveal the results in the early part of 2011. It further stated that, it is eyeing Africa as a significant market for it in the longer run.

Woolworths managed to grow its turnover by almost two-fold over the last six years, by launching new outlets and developing the product range. The company in a recent report to the Stock Exchange stated that, there has been an 11 percent rise in its sales during the 20 weeks period that ended on November 14, while the turnover of its outlets which are over a year old too has risen by 6.9 percent.

The company plans to start offering it entire food and also a wide clothing range for online sale, early next year.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Christian Dior

Fashion | On 25th Apr 2017

LVMH to acquire Christian Dior Couture for €6.5bn

LVMH and Christian Dior, which holds directly and indirectly 41 per...

Information Technology | On 25th Apr 2017

Self-repairing fabrics to be the future of fashion

It is the era of smart. Intelligent materials like self-repairing...

Textiles | On 25th Apr 2017

Indonesia revitalising textile sector

With exports of textile and textile products rising in Indonesia, the ...

Interviews View All

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search