South African retail giant suffers R719 million operating loss  BusinessTechView Full coverage on Google News
Retailer The Foschini Group reported an operating loss of R719.2 million for the year ended March 2021, hit hard by the impact of the Covid-19 pandemic and…Retailer The Foschini Group reported an operating loss of R719.2 million for the year ended March 2021, hit hard by the impact of the Covid-19 pandemic and resulting lockdowns in the various territories in which it operates.

South African retail giant suffers R719 million operating loss

TFG's total online sales grew by 33% during the year, with the strongest online growth coming from South Africa - which grew by 132%.TFG's total online sales grew by 33% during the year, with the strongest online growth coming from South Africa - which grew by 132%.

Jump in online sales gives pandemic-hit TFG a boost | Fin24

No dividend declared, but group expects to resume payments in its 2022 financial year based on the current recovery in trading conditions.No dividend declared, but group expects to resume payments in its 2022 financial year based on the current recovery in trading conditions.

Pandemic pummels TFG to R719m FY operating loss - Moneyweb

Company decides not to pay dividend as UK lockdowns hit earningsCompany decides not to pay dividend as UK lockdowns hit earnings

TFG plans Jet expansion while tightening credit criteria