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MR PRICE

MR PRICE

Parent Company: Mr Price Group Limited

Brand Value: $455 million

Headquarter City: Durban

Year on Year Change: -34%

Industry: Retail

Year Formed: 1985

Also known as MRP, Mr Price is one of South Africa’s top apparel retailers. Founded in 1985, MRP was originally known as John Orrs and Hub but abandoned the name two years later with the launch of the first Mr Price store. Today, MRP operates stores in both Africa and Australia. Focused on clothing, footwear and accessories, it offers on-trend fashion and home merchandise to people who “know how to save a buck”. In its home market, MRP also funds initiatives that offer educational resources and training programs to disadvantaged youths. Worldwide, consumers can access its offerings through MRP.com and the MRP app.