Mr Price paid 3.3 billion rand ($225.4 million) for a 70 percent stake in the sportswear retail group, which includes private label brands SideStep, John Craig and Skipper Bar.
Studio 88 operates a total of more than 700 stores in South Africa as well as neighbouring countries Botswana, Namibia, Lesotho, Zambia and Mozambique.
The leisure and sporting company also sells brands including Adidas,…
