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LATEST NEWS FOR The Foschini Group Ltd.  

The Foschini Group Ltd. is a diverse group with a portfolio of 29 leading fashion retail brands across various lifestyle and merchandise categories. Our retail brands - @home, @homelivingspace, American Swiss, Archive, Charles & Keith, Colette, Conn... [more info]

Mr Price hits 52-week high as R1.6bn Power Fashion acquisition approved

29 Mar 2021 /  Suren Naidoo   
Deal gets green light on condition both retailers boost local procurement through the Department of Trade Industry and Competition’s clothing sector masterplan.

Mr Price in surprise deal to buy Yuppiechef

UPDATE
15 Mar 2021 /  Suren Naidoo   11
Acquisition will boost its online home and kitchenware offering, to take on the likes of TFG’s upper market @home chain.

SA stocks post biggest drop this month on Tencent effect

26 Jan 2021 /  Adelaide Changole, Bloomberg  
Tencent lost as much as 6.7% in Hong Kong on Tuesday.

Woolworths shares soar on expected profit surge

25 Jan 2021 /  Promit Mukherjee, Reuters   1
Its online sales in SA in the food segment grew by almost 160% and contributes more than 2% to overall sales.

[TOP STORY] Is the retail party over?

25 Jan 2021 /  Simon Brown  
We estimate over R100 billion came to the consumer's pocket (via stimulus) in a six-month period: Evan Walker from 36ONE.

Stimulus boosts retail, but it’s short-lived

25 Jan 2021 /  Simon Brown  
Nick Kunze of Sanlam Private Wealth on the latest US GDP data and upcoming Fed update. 36One's Evan Walker gives his take on the most recent retailer updates and Martin Freeman of Orbvest talks the US's new president and its vaccine rollout programme.

A week of lazy ‘strategising’ and sad realities

25 Jan 2021 /  Ann Crotty   1
Share buybacks, retail sales figures, Massmart’s latest move, Gold Fields nabs a winner, and reminders of the ravages of the pandemic.

Retail rallies and public vs private markets

20 Jan 2021 /  Simon Brown  
Cannon's Adrian Saville takes a look the US's new Treasury Secretary, Janet Yellen. Kruger International's Mia Kruger talks retail updates, while Alexander Forbes' David Moore weighs the difference between public and private markets as investment options.

Stocks to watch in 2021

1 Jan 2021 /  Siboniso Nxumalo   13
A look at how prominent SA counters are positioned going forward.

Tech rallied in 2020, while hard lockdown jolted other sectors

17 Dec 2020 /  Simon Brown   1
Chantal Marx of FNB on the year that was, as many listed companies saw revenue drop to zero during the hard lockdown. Henry Biddlecombe from Anchor Capital discusses how 2020 was an excellent year for tech stocks, as the Nasdaq recorded one of its best years yet.

TFG’s online galaxy grows

4 Dec 2020 /  Suren Naidoo   1
JSE-listed retail giant launches popular jewellery brand as its first 'pure play' online store.

South African retailers turn from China to source local clothes

29 Nov 2020 /  Janice Kew, Bloomberg   6
TFG and Woolworths have signed up to an industry plan that includes a target to source 65% of their goods from local manufacturers within the next decade.

JPMorgan favours SA domestics over gold, tech stocks

27 Nov 2020 /  Adelaide Changole, Bloomberg  
The broker upgraded its view on South African equities to overweight from underweight this week.

Retail rebounds and SA’s new airline ready for lift off

11 Nov 2020 /  Simon Brown   
Preston Narainsamy of Nedbank Private Wealth talks Telkom results, Sun International's update and banks breaking higher. SAFlyer's Guy Leitch on Comair and SA's new airline, Lift. Anchor Capital's Stephán Engelbrecht on better than expected retail updates.

Better-than-expected updates from SA retail, despite lockdown

9 Nov 2020 /  Stephán Engelbrecht  
Consensus analyst forecasts have been extremely bearish on SA consumers.

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