Mr Price Group Explained

Mr Price
Traded As:
Industry:Retail
Foundation:1985
Founder:Laurie J. Chiappini and Stewart B. Cohen
Location:Durban, KwaZulu-Natal, South Africa
Area Served:South Africa, Selected Emerging Markets and Globally
Products:Apparel, Homeware, Financial Services and Telecoms.
Num Employees:25,000
Homepage:https://www.mrpricegroup.com

Mr Price Group is a cash-based fashion-value retailer, and is a public company listed on the Johannesburg Stock Exchange. Established in 1985, the retailer has 2,543 stores which are mainly in South Africa, as well as online channels. The company operates through four segments: Apparel, Homeware, Financial Services and Telecoms. The company’s trading divisions are as follows:

  1. Mr Price
  2. Mr Price Sport – formed in 2006
  3. Mr Price Home
  4. Miladys – acquired in 1987 [1]
  5. Sheet Street – acquired in 1996
  6. Mr Price Money – formed in 2007
  7. Power Fashion – acquired in 2020
  8. YuppieChef – acquired in 2021
  9. Studio 88 – acquired in 2022

External links

Notes and References

  1. https://www.miladys.com/fw#:~:text=Miladys%20has%20proudly%20been%20a,here%20to%20find%20out%20more!