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Last 17,921
Change Today -69.00 / -0.38%
Volume 1.1M
TFG On Other Exchanges
As of 8:03 AM 05/28/15 All times are local (Market data is delayed by at least 15 minutes).

the foschini group ltd (TFG) Snapshot

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52 Week High
04/13/15 - $20,178
52 Week Low
05/29/14 - $10,535
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the foschini group ltd (TFG) Details

The Foschini Group Limited, an investment holding company, is engaged in fashion lifestyle retail business in South Africa, Namibia, Botswana, Lesotho, Swaziland, Nigeria, and Zambia. It operates through Retail Trading, Customer Value Added Products, Credit, and Central and Shared Services divisions. The company retails clothing, jewelry, cell phones, accessories, cosmetics, sporting and outdoor apparel and equipment, and home ware and furniture primarily to middle and upper income groups. It operates retail stores under various brand names, including @home, @homelivingspace, exact!, Foschini, DonnaClaire, Charles & Keith, American Swiss, Mat & May, Sterns, Markham, Fabiani, G-Star, Sportscene, Totalsports, Duesouth, Fashion Express, and hi. The Foschini Group Limited also manages financial service products such as publishing and associated magazines, and insurance products, as well as offers the mobile one2one airtime. It operates approximately 2111 stores. The company was formerly known as Foschini Limited and changed its name to The Foschini Group Limited in September 2010. The Foschini Group Limited was founded in 1924 and is headquartered in Cape Town, South Africa.

13,265 Employees
Last Reported Date: 08/4/14
Founded in 1924

the foschini group ltd (TFG) Top Compensated Officers

Chief Executive Officer, Member of Operating ...
Total Annual Compensation: R9.8M
Chief Financial Officer, Member of Operating ...
Total Annual Compensation: R5.1M
Group Director of TFG Financial Services, Mem...
Total Annual Compensation: R4.4M
Compensation as of Fiscal Year 2014.

the foschini group ltd (TFG) Key Developments

The Foschini Group Limited Reports Sales Results for the Month and Nine Months to December 27, 2014

The Foschini Group Limited reported sales results for the month and nine months to December 27, 2014. Christmas trading was above expectation with group sales growth for December (30 November 2014 to 27 December 2014) of 12.5% and same store growth of 7.3%. Group sales for the 9 months to 27 December 2014 increased by 10.5% with same store sales growth of 5.1%.

The Foschini Group Seeks Acquisitions

The Foschini Group Limited (JSE:TFG) is seeking acquisitions. Foschini Group is in advanced discussions regarding a potential acquisition.

The Foschini Group Limited Announces Management Changes

Ronnie Stein, the Chief Financial Officer of The Foschini Group Limited, will be retiring at the end of June 2015 after eighteen years with the Group and the past seventeen years as Chief Financial Officer. The board announced the appointment of Anthony Thunstrm as the Chief Financial Officer-Elect of the Group with effect from 1 February 2015. Anthony will assume the position of Chief Financial Officer on Ronnie’s retirement at the end of June 2015. Anthony is a chartered accountant with over 21 years professional experience across various industries. He has been responsible for running a number of regional and pan-African businesses for KPMG and most recently held the position of Chief Operating Officer for KPMG Africa. In addition, Anthony has served as a board member of KPMG South Africa and Chairman of their Audit Committee.


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