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NKD bet pays off for Mr Price

African retail operations outperform market amid economic uncertainty

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iol.co.za

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businessday.co.zaStai leggendo1 mese fa

NKD bet pays off for Mr Price

African retail operations outperform market amid economic uncertainty

originale

iol.co.za1 mese fa

Mr Price Group reports 45.3% increase in retail sales following European acquisition

NKD acquisition (March 2026) delivered 45.3% Q1 retail sales growth to R3.1bn for Mr Price Group. Value retail's resilience amid inflation and geopolitical uncertainty signals defensive market positioning and geographic risk mitigation through European expansion.

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Timeline cronologica

giovedì 23 luglio 2026·businessday.co.za
NKD bet pays off for Mr Price
African retail operations outperform market amid economic uncertainty
giovedì 23 luglio 2026·iol.co.za
Mr Price Group reports 45.3% increase in retail sales following European acquisition
Mr Price Group's retail sales soared by 45.3% in the first quarter, driven by the acquisition of NKD Group, despite facing challenges from geopolitical tensions and inflation.