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Mr Price Group's Overview

Total employees17183
HeadquartersDurban
Founded1985

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.

Where is Mr Price Group's Headquarters?

HQ Function

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.

Notable Features:

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.

Work Culture:

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.

HQ Significance:

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.

Values Reflected in HQ: The headquarters' design and functionality likely reflect the company's core values of passion, value, and partnership, with an emphasis on efficiency, collaboration, and a positive, forward-thinking work environment.

Location:

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.

Street Address:

65 Masabalala Yengwa Avenue (formerly NMR Avenue)

City:

Durban

State/Province:

KwaZulu-Natal

Country:

South Africa

Mr Price Group's Global Presence

Johannesburg, Gauteng, 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.

Cape Town, Western Cape, South Africa

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.

Buying Intent Signals for Mr Price Group

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Mr Price Group

As of April 2025, Mr Price Group' leadership includes:

Mark Blair - Chief Executive Officer (CEO)
Navin Pather - Chief Financial Officer (CFO)
Stephen Wetton - Chief Operating Officer (COO)
Donna Ennis - Group Corporate Services and Sustainability Director

Investors of Mr Price Group

Mr Price Group has been backed by several prominent investors over the years, including:

Public Investment Corporation (PIC) SOC Ltd
Coronation Asset Management (Pty) Ltd
Allan Gray (Pty) Ltd
The Vanguard Group, Inc.
BlackRock, Inc.

Executive New Hires/Exits in the Last 12 Months

Hire1
Exits1

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.

Departures

Mark Stirton, Mark Stirton retired as CFO after a distinguished career with the group.

New Appointments:

Navin Pather, Navin Pather appointed as new CFO, succeeding Mark Stirton.

Technology (Tech Stack) used by Mr Price Group

Discover the tools Mr Price Group uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Mr Price Group Email Formats and Examples

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

News and media

ReutersNovember 16, 2023

Mr Price Group reports rise in interim profit

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

MoneywebAugust 17, 2023

Mr Price CFO Mark Stirton to retire

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 SENSMay 22, 2024

Mr Price Group Trading Statement for the 52 weeks ended 30 March 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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