TFG (The Foschini Group) says it will ramp up Capex spending in the coming financial year as it steps up its pursuit of growth opportunities to a new scale.
The Foschini Group (TFG) says it has entered into an agreement to acquire the entire issued share capital of Tapestry Home Brands for R2.35 billion.
An energy crisis in China, spiralling shipping costs, and Covid-19 supply chain disruptions are accelerating a shift away from Asia to focus on making products locally, say chief executives at South African retailers.
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