DEACONS
Deacons Kenya Ltd shut down its East Africa operations in 2020 following declining performance over the years. One of the causal factors was the withdrawal of Mr. Price Brand by the Franchisor in 2017. It used to sell a diverse range of clothing, footwear and accessories for men, ladies, children and babies through retail outlets in Kenya, Uganda, Rwanda and Tanzania. The company also sold a range of gym and sports apparel and household products. The latter includes dining and crockery ware and kitchenware.
Financial Data source: Company’s Annual reports (Check investor relations on the Company’s website)
Company Description source: African Financials