Woolworths Holdings Limited is an investment holding company. The Company operates through two subsidiaries, Woolworths (Proprietary) Limited and Country Road Limited, and a joint venture, Woolworths Financial Services (Proprietary) Limited. Its core business focus is the provision of retail and financial services to upper and middle income groups mainly in South Africa but also in Africa, Australia and New Zealand. Woolworths (Proprietary) Limited offers a range of clothing, food and general merchandise, mainly under its own brand name. Country Road Limited offers a range of clothing and home ware. Woolworths Financial Services (Proprietary) Limited is operated jointly with the ABSA group. It provides the Company�s customers with a credit offering to assist them to purchase merchandise in its stores. It also offers a credit card, personal loans and insurance products. In October 2012, its 88% indirectly owned subsidiary acquired the Witchery Group from Gresham Private Equity.