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TFG NEWS ON FASTMOVING

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The owner of Foschini grabs market share

The owner of Foschini grabs market share

04/09/2019 - 11:41
Clothing group TFG says cash turnover has grown solidly in the first 21 weeks of its 2020 financial year, but credit extension remained almost flat in Africa due to reduced consumer spending. read more
Foschini's cash sales climb, but credit is under pressure

Foschini's cash sales climb, but credit is under pressure

03/09/2019 - 13:58
The JSE-listed clothing retailer the Foschini Group [JSE:TFG] announced a 14.1% increase in cash sales in its South African operations in the first 21 weeks of 2020, while sales on credit only rose 0.9%. read more
The Foschini Group - the notable exception in SA

The Foschini Group - the notable exception in SA

16/07/2019 - 08:23
The Investment Analyst Society recently presented an Analysts Masterclass with an emphasis on the retail and consumer goods sector of the JSE. Much insight was provided by veteran analysts Syd Vianello and Chris Gilmour, featured on the panel discussion. They unpacked several topics like the size and diversity of the sector, the impact of foreign players, consumer behaviour, and retail companies venturing offshore, and notably into Australia, often terminating these ventures in the graveyard. read more
TFG's investment in online offering pays off

TFG's investment in online offering pays off

27/05/2019 - 09:14
Online turnover grew 57.2% in the year and now accounts for 8.8% of group sales, with 23 brands of its 29 now available online. read more
TFG achieves eCommerce leadership with Oracle

TFG achieves eCommerce leadership with Oracle

19/02/2019 - 15:43
TFG (The Foschini Group), a South African retail group operating in thirty-two countries across five continents, has chosen Oracle to support its digital transformation strategy with the consolidation of twenty-two brands into one online marketplace. With close to 3000 stores, TFG migrated its brick-and-mortar offering to a hassle-free digital platform and now offers the myTFGworld.com online marketplace to its customers. read more
TFG bucks retail trend over festive season

TFG bucks retail trend over festive season

18/01/2019 - 08:00
Apparel group TFG, which operates the Foschini, American Swiss and Markham chains, has bucked the retail trend and produced solid growth numbers for the festive season. read more
TFG Black Friday sales hit record high

TFG Black Friday sales hit record high

10/12/2018 - 10:23
Woven ribbed towels, coffee machines and Kaizer Chiefs football jerseys were hot ticket online items for the Black Friday weekend at TFG. read more
TFG showcases #BlackFriday deals

TFG showcases #BlackFriday deals

21/11/2018 - 10:40
Update your summer style with the best of Black Friday deals. Whether you want to dress up or down, get new sports gear, fashion for your kids or the latest in jewellery, technology or homeware – this is one shopping list you’ll definitely find it on! read more
Will Cyber Monday trump Black Friday?

Will Cyber Monday trump Black Friday?

20/11/2018 - 16:33
Retailers and shoppers gear up for what promises to be the biggest sale day of the calendar year, Black Friday, but with payday falling after Black Friday, will Cyber Monday outsell Black Friday this year?  read more
TFG takes on Amazon with myTFGworld.com

TFG takes on Amazon with myTFGworld.com

01/11/2018 - 14:29
TFG has amplified its online shopping presence with the launch of myTFGworld.com. By repositioning its e-commerce platform as a marketplace, TFG eCommerce is no longer competing with the single retail brand sites of their competitors but is taking on global marketplaces such as Amazon.com. read more
Fashion brand Donna sees online sales soar

Fashion brand Donna sees online sales soar

10/09/2018 - 15:43
The online sales of women’s fashion brand Donna have significantly outstripped expectations, after just a month of launching online.  read more
TFG appoints new chief finance officer

TFG appoints new chief finance officer

01/08/2018 - 20:45
Ntuli leaves Grindrod Freight Services to take up the role in September when Anthony Thunström become CEO of TFG. read more
TFG named ‘Retailer of the Year’ at  2018 Canal Walk Retail Excellence Awards

TFG named ‘Retailer of the Year’ at 2018 Canal Walk Retail Excellence Awards

28/06/2018 - 11:32
Fashion and lifestyle retailer, TFG walked away with the prestigious ‘Retailer of the Year’ award at the 2018 Canal Walk Retail Excellence Awards. The Group has 26 stores trading in the shopping centre, representing all of its local brands.  read more
TFG Collect In Store expands countrywide

TFG Collect In Store expands countrywide

15/12/2017 - 08:39
The Foschini Group (TFG) has rolled out its Collect In Store service for online shoppers across the country, taking the number of participating stores to 184, and now offers the service entirely free, with no qualifying amount required. read more
TFG acquires clothing brand Hobbs

TFG acquires clothing brand Hobbs

07/11/2017 - 13:46
TFG announces the acquisition of contemporary British womenswear brand Hobbs. read more
The power of one for online retailers

The power of one for online retailers

06/11/2017 - 10:40
When Chinese online giant, Alibaba launched Singles Day deals in 2009, who would have thought that November 11 would become one of the planet’s top 24-hour, super sale dates along with Black Friday and Cyber Monday? read more
TFG performs better than its peers ahead of full-year results

TFG performs better than its peers ahead of full-year results

25/08/2017 - 09:29
TFG CEO Doug Murray says the company’s diversification strategy has served it well in the past three years allowing the group to perform better than its peers. read more
TFG raises R2.5bn through new share issue

TFG raises R2.5bn through new share issue

02/08/2017 - 11:50
Retailer TFG said on Tuesday it had raised R2.5bn through an accelerated bookbuild process. read more
TFG, Truworths look offshore for growth

TFG, Truworths look offshore for growth

07/07/2017 - 10:23
TFG, the retailer that owns Foschini, @Home and Totalsports is in talks to acquire British womenswear brand Hobbs, a UK press report says. read more
TFG expansion: Major boost for SA clothing manufacturing industry

TFG expansion: Major boost for SA clothing manufacturing industry

31/05/2017 - 15:26
TFG, SA’s leading retail investor in local textile and clothing production, officially opened its newly expanded and revamped Prestige Clothing factory in Caledon. read more
TFG to buy Australian menswear group

TFG to buy Australian menswear group

25/05/2017 - 10:27
Holding company of fashion chain Foschini is acquiring Retail Apparel Group for up to R3bn. read more
TFG shares shoot up as retailer provides a rare bright spot in the sector

TFG shares shoot up as retailer provides a rare bright spot in the sector

16/01/2017 - 15:51
TFG’s share price shot up more than 6% in midday trade after the retailer said its Christmas sales exceeded expectation. read more
TFG to use Uber-like delivery model

TFG to use Uber-like delivery model

06/12/2016 - 08:56
The retailer takes on game-changers with its ‘deliver 2 me’ service for online fashion purchases read more
TFG crosses R1bn mark in interim headline earnings

TFG crosses R1bn mark in interim headline earnings

11/11/2016 - 08:53
Apparel retailer TFG’s interim headline earnings exceeded R1bn for the first time — a result that CEO Doug Murray said was achieved through diversification, international expansion, discipline and cost control. read more
TFG on track over growth goals

TFG on track over growth goals

25/08/2016 - 10:19
TFG says it is quietly optimistic about the future and is confident about reaching its medium-and long-term growth targets. read more
Fashion retailers look abroad as golden era of consumption frays

Fashion retailers look abroad as golden era of consumption frays

30/01/2015 - 09:53
The rising middle class is so last season. SA’s dwindling economy and glacial employment prospects has seen the consumption boom taper off, with fashion retailers such as The Foschini Group (TFG) and Woolworths casting their nets offshore. read more
Deal brings Foschini Group hard currency, soft global entry

Deal brings Foschini Group hard currency, soft global entry

27/01/2015 - 10:10
Why go hunting abroad? read more
Foschini buys major stake in UK fashion firm Phase Eight

Foschini buys major stake in UK fashion firm Phase Eight

20/01/2015 - 12:23
The Foschini Group (TFG) on Friday snapped up a majority stake in UK fashion group Phase Eight, joining the running list of retailers seeking growth in alternative markets as SA’s poor economic prospects cast a shadow on spending. read more
BNP Paribas buys SA card unit

BNP Paribas buys SA card unit

07/08/2014 - 12:21
France’s largest bank, BNP Paribas, on Wednesday completed its R2.64bn acquisition of the private label retail-card joint venture of The Foschini Group (TFG) and Standard Bank. read more
Major international banking group to own 100% of TFG’s RCS business

Major international banking group to own 100% of TFG’s RCS business

10/04/2014 - 10:14
The European leader in the personal loans business, BNP Paribas Personal Finance (BNPPF), has entered into agreements which will result in it becoming the 100% shareholder of RCS, the highly successful consumer finance business which is 55% owned by TFG (The Foschini Group) and 45% by Standard Bank.  read more
TFG continues to grow well and position for future

TFG continues to grow well and position for future

09/11/2012 - 10:01
Retail group TFG (The Foschini Group) has again produced solid results, increasing turnover by 12,6% to R6,1-billion off a strong comparative base and pushing up diluted headline earnings per share by 18,8% to 396,1 cents in the six months to end September 2012. read more
TFG gains market share, improves profits and pushes into Africa

TFG gains market share, improves profits and pushes into Africa

31/05/2012 - 13:34
The Foschini Group Limited (TFG) delivered a strong performance for the year ended 31 March 2012, increasing its sales by 17% to R11.6-billion, outperforming the rest of the industry and gaining significant market share over its retail competitors.  read more
Foschini reports increase in earnings

Foschini reports increase in earnings

27/05/2011 - 11:10
Johannesburg - Fashion retailer Foschini witnessed a 19.6% increase in diluted headline earnings per share (Heps) to 619.9 cents from 518.2 cents for the year ending in March.  read more
The Investment Case – The Foschini Group Ltd

The Investment Case – The Foschini Group Ltd

13/05/2011 - 13:41
Orapa – Most South African's will be familiar with the fashion retail brand Foschini. Fewer may know that the listed Foschini Group includes businesses that extend well beyond clothing. read more