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
Clothing group TFG, whose brands include Foschini, American Swiss and Markham, went against the prevailing retail trend by producing strong results in a difficult economy.
TFG CEO Anthony Thunström said its local operations, received a boost from its factories now having a link to its IT systems, which monitored store sales, enabling it to respond quicker to trending fashion. Although the group now sold more goods, by having the capacity to react to fashion trends and not having to wait months to see if a product would sell, it also managed to decrease the markdowns on products that were not selling.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
WATCH: Gauteng school admissions system to go onlineParents will from Monday be able to apply for space for pupils who will start Grade one and eight, next year.
Read more »
Zille remains defiant in face of online criticismOutgoing Western Cape Premier Helen Zille has refused to back down from controversial comments she made on race and privilege on Friday.
Read more »
Surge in online sales boosts TFG GroupOnline 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 »
LIVESTREAM: Gauteng school admissions system to go onlineParents will from Monday be able to apply for space for pupils who will start Grade one and eight, next year.
Read more »
#GDEAdmissions: Lesufi sorry for online application system glitches | Pretoria NewsThere were delays and challenges in several areas, including issues of addresses as parents selected the new 30km radius instead of their residential addresses. pretorianews
Read more »
Lesufi hails 'revolutionary' 30km radius at launch of 2020 online admission process | IOL NewsMEC Panyaza Lesufi hailed the 'revolutionary' 30km radius which he said would now allow pupils to attend schools in areas ...
Read more »
Gauteng Education online platform receives over 280 000 applications - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Frustrated parents have been making their way to the Gauteng Department of Education head offices in Johannesburg.
Read more »
Online site a new model for journalism | Opinion | M&G
Read more »
Cops urge caution over online messages after women raped | Pretoria NewsPolice are urging residents to tread carefully when conducting online transactions following the rape of a 26-year-old woman in Pretoria. pretorianews
Read more »
All systems go for Gauteng education department online admissionsThe online admissions site will go live on Monday morning to midnight on July 22, and parents are urged to apply on time to avoid disappointment.
Read more »