The Foschini Group news and archive

South Africa’s TFG reports 19.6 percent rise in turnover

For the year to March 31, 2019, The Foschini Group (TFG) reported retail group turnover growth of 19.6 percent compared to March 2018 with turnover growth of 8.9 percent for TFG Africa, 31.3 percent for TFG London and 58.3 percent for TFG Australia. Including comparable numbers for Hobbs (TFG London) and RAG (TFG Australia) acquired during the...

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TFG reports upbeat sales growth in December

South African retailer The Foschini Group (TFG) has reported a 31 percent increase in December sales after its recent acquisition of Britain’s womenswear label Hobbs, reports Reuters Africa. The group had earlier acquired two other UK-based businesses including Phase Eight in 2015 and high-street fashion retailer Whistles in 2016. The company...