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  1. 7 hours ago · 2:00. Pepkor Holdings Ltd. plans to almost double its previous target of opening 50 outlets a year in Brazil as Africa’s largest clothing retailer pushes for faster growth in South America. The ...

  2. 18 hours ago · Pepkor achieved a 200 basis points increase in gross profit margin, reaching 38.1%. This improvement was driven by higher full-price sales and reduced markdown activity. The recovery in retail gross profit margin is a testament to Pepkor’s effective pricing and inventory management strategies. Strategic Store Expansion

  3. 18 hours ago · Pepkor, which already has almost 6 000 stores across brands such as Ackermans and PEP, says continued market share gains in the lower end of the market and a robust result in Brazil have helped it achieve almost 10% interim revenue growth. Group revenue rose 9.5% to R43.3 billion in its six months ...

  4. 18 hours ago · Bianke Neethling • 28 May 2024. Despite a decent increase in revenue, Pepkor’s profit slumped by over 17% in its latest interim results, largely due to the hit it took on the sale of The Building Company. Pepkor – which owns well-known brands such as PEP and Ackermans – released its results for the six months through March 2024.

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  6. 18 hours ago · By. Bloomberg. 28 May 2024. Pepkor Holdings Ltd. plans to almost double its previous target of opening 50 outlets a year in Brazil as Africa’s largest clothing retailer pushes for faster growth in South America. The company’s Grupo Avenida S.A is on track to unveil 26 stores in the six months through the end of September, adding to the 22 ...

  7. 18 hours ago · South African discount retailer Pepkor Holdings reported on Tuesday a 3.1% fall in half-year earnings, while revenue grew 9.5%, benefiting from a bumper Easter trading period.

  8. 18 hours ago · Published May 28, 2024. Pepkor Holdings Ltd. plans to almost double its previous target of opening 50 outlets a year in Brazil as Africa’s largest clothing retailer pushes for faster growth in South America. Pepkor. The company’s Grupo Avenida S.A is on track to unveil 26 stores in the six months through the end of September, adding to the ...

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