Mr Price Group Limited is a prominent fashion value retailer headquartered in Durban, South Africa. The company offers a wide range of products including apparel, homeware, sportswear, and more recently, financial services and telecommunications. It operates through various trading divisions and brands such as Mr Price, Mr Price Home, Mr Price Sport, Miladys, Sheet Street, Power Fashion, Yuppiechef, and the Studio 88 Group. The Group primarily serves customers in Southern Africa and is expanding its presence in other African countries, focusing on providing affordable and fashionable merchandise to a broad customer base.
The headquarters serves as the central hub for corporate leadership, strategic planning, financial management, merchandising, marketing, IT, human resources, and supply chain coordination for all group brands and operations.
A modern, campus-style headquarters with open-plan offices designed to foster collaboration and innovation. It often includes employee amenities reflecting a focus on well-being and an efficient working environment.
Fast-paced, dynamic, and entrepreneurial, emphasizing teamwork, customer-centricity, and a strong performance culture. The environment encourages innovation and adaptability in the competitive value retail sector.
Serves as the strategic nerve center for one of Southern Africa's largest fashion value retailers, directing operations across multiple countries and brands, and contributing significantly to the local economy of Durban.
Mr Price Group supports a wide range of functions globally, primarily focused on its retail operations in Southern Africa (South Africa, Botswana, Lesotho, Namibia, Eswatini) and select other African countries (e.g., Zambia, Ghana, Kenya). This includes merchandise sourcing and procurement (often from Asia and other international markets), extensive supply chain and logistics management, retail store operations, marketing and brand management tailored to diverse markets, e-commerce operations, financial services, and customer support. Corporate functions like IT, finance, and human resources also have a global interface in managing these widespread operations.
65 Masabalala Yengwa Avenue (formerly NMR Avenue)
Durban
KwaZulu-Natal
South Africa
Address: Various locations, including distribution centers and offices for specific brands like the Studio 88 Group head office (e.g., Aeroton, Johannesburg).
Key for inland distribution, supporting a large retail footprint in Gauteng and surrounding regions. Acts as a central point for specific brand operations and market access.
Address: Includes offices for Yuppiechef (e.g., Block B, Westlake Square, Westlake Drive, Cape Town, 7945).
Manages the Yuppiechef brand's distinct market positioning and e-commerce focus. Supports retail operations and market engagement in the Western Cape region.
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As of April 2025, Mr Price Group' leadership includes:
Mr Price Group has been backed by several prominent investors over the years, including:
The most significant executive change in the last 12 months for Mr Price Group was the retirement of long-serving Chief Financial Officer Mark Stirton, and the appointment of Navin Pather as his successor. This transition ensures continuity in financial leadership for the group.
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Mr Price Group likely uses a consistent email format for its employees, commonly based on employee names. While not officially published, a common pattern for corporations of its size in South Africa is the first initial followed by the last name.
[first_initial][last]@mrpg.com
Format
jdoe@mrpg.com
Example
75%
Success rate
Reuters • November 16, 2023
Mr Price Group reported a 6.9% rise in interim profit, as cash-strapped shoppers looking for bargains turned to its budget-friendly clothes, shoes and homeware. Diluted headline earnings per share rose to 462.6 cents in the 26 weeks ended Sept. 30....more
Moneyweb • August 17, 2023
Mr Price Group announced that its Chief Financial Officer, Mark Stirton, would retire at the end of October 2023. Navin Pather, current Group Corporate Finance Director, was named as his successor....more
Mr Price Group SENS • May 22, 2024
Mr Price Group released a trading statement indicating that basic earnings per share (EPS) are expected to be between 1260.1 cents and 1332.3 cents, representing an increase of between 20% and 27% compared to the prior year. Headline earnings per share (HEPS) are expected to increase by between 15% and 20%....more
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