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Earthchild, Naartjie buys pay off for Truworths

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(iStock)
(iStock)

Cape Town - Truworths' share price on Thursday surged close to 11% to its highest level in almost three years after the retailer said its sales for the first 18 trading weeks of the 2016 year hit R4.4bn.

The fashion retail group said the increase in sales represents a 19% increase on the previous corresponding period.

Shares in Truworths International [JSE:TRU] were trading at R104.89 (+8.69%), a new 52-week high and the highest since it reached R114.47 on December 30, 2012, data from INET BFA show.

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