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]

Retail landlords face rental troubles over Covid-19 lockdown

UPDATE
30 Mar 2020 /  Suren Naidoo   13
Edcon is not the only worry as other retailers consider not paying rent.

Rand, stocks tumble as coronavirus adds to budget worries  

24 Feb 2020 /  Mfuneko Toyana, Reuters   2
Both mining and retail stocks were impacted.

Colin Coleman joins TFG board

23 Jan 2020 /  Suren Naidoo   1
Appointment follows his departure from Goldman Sachs at the end of last year.

Bumper festive season and cash sales boost for Foschini Group

17 Jan 2020 /  Suren Naidoo   1
Record Black Friday trade also reported.

TFG wants any end to Brexit uncertainty

8 Nov 2019 /  Emma Rumney, Reuters  
Overall profits up 3%, cautious outlook for South Africa.

TFG’s H1 profits up 3%

UPDATE
7 Nov 2019 /  Emma Rumney, Reuters   1
Heps also up.

Edcon aims to change its fortunes by driving credit sales

30 Oct 2019 /  Suren Naidoo   5
RCS buys its debtors’ book from Absa, which had a ‘conservative’ approach to lending.

SA debt relief law ‘no cause for alarm’ for investors

21 Aug 2019 /  Adelaide Changole, Bloomberg    2
Retailers have already made provision for the impact of the bill, BofAML analysts say.

TFG outshines its SA retail peers overseas

16 Aug 2019 /  Suren Naidoo   4
Looks to expand its presence in markets that have proved difficult for rivals Woolworths and Truworths.

How the JSE has changed in 10 years

26 Jul 2019 /  Patrick Cairns   14
It's been quite a ride.

Footgear buys Edgars Active as Edcon downscaling continues

16 Jul 2019 /  Suren Naidoo   1
Backed by Old Mutual’s private equity arm, Footgear will take on the likes of Tekkie Town and Sportscene.

TFG looks to technology to adapt to retail changes

24 May 2019 /  Nqobile Dludla, Reuters  
Retailer to invest R500m to keep pace with changing shopping trends.

TFG reports annual sales up almost 20%

23 May 2019 /  Nqobile Dludla, Reuters   
All three of its business segments produced strong turnover growth.

Elections 2019: How to position your portfolio

30 Apr 2019 /  Peter Armitage   4
Investors should be ready to react as South Africa's political drama unfolds – four possible scenarios and their implications to factor in.

Audit rotation hits KPMG, benefits rivals

4 Apr 2019 /  Ciaran Ryan   2
64 JSE companies have rotated auditors since 2017, four years before it becomes mandatory.

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