Strong performance in Q3 FY2022 with Group retail sales growth of 17.3% vs. Q3 FY2021. FY2021, with significant growth during the key Black Friday period (growth of 19.3% in November 2021 compared to November 2020) and over the Christmas period (growth of 19.8% in December 2021 compared to December 2020). Read more.
Tags : the foschini group
Fashion retailer TFG (The Foschini Group), through its Labs division, is buying online shopping and delivery platform Quench to expand its e-commerce business. Read more.
Hospital chain operator Mediclinic International said Thursday its profit more than tripled in the first half ended Sept. 30 from a year earlier, approaching pre-pandemic levels as people returned for non-Covid treatment. Read more.
Covid-19 has dealt a massive financial blow to state-owned port and rail logistics group Transnet. The company on Friday reported a record net loss of R8.4 billion for its financial year to the end of March 2021, compared to a profit of R2.9 billion in the previous financial year (FY2020). Read more.
Established in 1925, The Foschini Group (TFG) is a South African clothing group that was listed on the Johannesburg Stock Exchange in 1941, trading under a wide range of brands with over 3,000 stores that form part of its portfolio.
Retailer TFG flagged an up to 85% decline in full-year profit on Friday, hurt by COVID-19-led lockdowns across its markets. Read more.