reports
Shamil Ismail
- Shamil Ismail
Shamil Ismail
- Shamil Ismail
Mr Price (MRP) - A Quality issue
We make the case that quality issues may be contributing factors to the topline contraction in MRP. We argue that MRP’s hastened shift to direct import sourcing may have resulted in a diminished level of quality, which is not appealing to customers. Fixing quality issues may take some time, in our view, and this could weigh on the performance of the company in the near term.
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