Truworths - The Zimbabwe Independent

Topic : Truworths

Bleeding fashion house faces US$1m financial black hole

The move aims to rescue three of the company’s major brands — Truworths, Topics Stores, and Number 1 Stores — as well as its manufacturing arm, Bravette Manufacturing Company.

By Blessed Ndlovu Aug. 30, 2024

Bleeding fashion house faces US$1m financial black hole

Truworths faces insolvency, owes US$2m to creditors

Professional services firm Crowe Zimbabwe has been appointed to manage Truworths’ corporate rescue process.

By Blessed Ndlovu Aug. 23, 2024

Truworths faces insolvency, owes US$2m to creditors

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Clothing giant Truworths hits turbulence

At the end of that period, Truworths’ balance sheet revealed that in real terms the company had seen US$1,98 million in the value of its assets being wiped off.

By Tatira Zwinoira Aug. 11, 2024

Clothing giant Truworths hits turbulence

Truworths gets three-month reprieve

Bgoni said the ZSE has requested Truworths to provide a roadmap on how it will resolve the challenges.

By Blessed Ndlovu Mar. 13, 2024

Truworths decries restrictive pricing laws

Formal retailers are required by law to use the 10% trading margin above the interbank rate.

By Tafadzwa Mhlanga Feb. 25, 2024

Truworths decries restrictive pricing laws

Truworths shuts down 6 stores

Truworths Ladies outlets, Truworths Men (six), Topics (14) and Number 1 (12).

By Blessed Ndlovu Jan. 22, 2024

Candid Comment: ‘It just does not make any sense at all!’

TRUWORTHS chief executive officer and executive director Bekithemba Ndebele has painted a gloomy picture of the country’s clothing industry.

By Mthandazo Nyoni Nov. 24, 2023

Candid Comment: ‘It just does not make any sense at all!’

Truworths boss says textile industry cannot benefit from AfCFTA

TRUWORTHS Ltd CEO Bekithemba Ndebele says the local textile industry is too decimated to benefit from the(AfCFTA) as over 90% of formal manufacturers have shut down.

By Melody Chikono Nov. 10, 2023