Foschini
latest news & developments
South Africa’s retail revival is cashing in
Newer retailers are setting the benchmark for South Africa’s retail landscape, with plenty of room for innovation in bricks and mortar
Fashion’s future is bricks and clicks
Lockdown forced reluctant South African clothing retail stores online: although foot traffic in brick-and-mortar stores remains important in a mall culture like ours, the secret…
Surveys predict Black Friday likely to fuel e-commerce
Fear of contracting the coronavirus while fighting off other shoppers will probably change how people shop for sales
High court ruling could unleash flood of new credit applications
TransUnion CEO Lee Naik stressed the ruling does not scrap the entire National Credit Act regulation, which makes provision for responsible lending
Credit ruling gets mixed reaction
Both those for it and against it want responsible lending but are at odds over how it should be done
France’s largest bank BNP Paribas to buy South African credit provider
BNP Paribas has begun to negotiate the purchase of RCS Investment Holdings, a consumer credit provider owned by Standard Bank and Foschini.
Mr Price leads clothing retailers lower as sales lag inflation
While store sales increased 10.5% in the final quarter of 2013, it could not match the rise in costs the company said.
Cherrie-picking cultural values
Dropping Stoned Cherrie because even black people think they’re "too black"? That’s almost as funny as trying to lecture Zapiro on respect.
Foschini sales up 8,7%
South African clothing retailer Foschini posted an 8,7% rise in third-quarter revenue on Friday, thanks to new stores.
Massacre on Maude Street
The all-share index has been buoyed by resources, but there is no hiding the carnage.