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Triple M Group sold

Published: 3rd Apr 2017

Author: Tony Dickson - S&V Editor

Cape Town (SA) – Triple M Group founders Marius and Sue Mostert sold the business to undisclosed buyers as of March 1, and have retired.

The wholesale division and retail brands Shoerama, Next Step and Shoeline fall under the umbrella of newly formed parent, Triple M Footwear Company.

Jarene Boshoff, who spent 16 years with Ackermans in various merchandise portfolios, is CEO. She said all staff had remained.

The group has 21 stores, with Shoerama the biggest footprint, “and we have plans to grow and expand our footprint and offer of ladies’ branded and unbranded footwear”. – [+27 (0)21 981 6030, Jboshoff1@tripm.co.za]

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