Truworths hit by stock shortages

The original article can be found here.

Article highlights:

  • In a trading update for the three months to end-September, Truworths has warned that its sales were hit by stock shortages due to the global supply chain crisis.
  • Its retail sales fell by 1.2% to R3.9 billion in the past quarter, compared to the same quarter last year.
  • In China, a major centre of international manufacturing, ports and factories have been closed after surges in new Covid-19 cases.