TFG seems to have avoided costly blunders SA companies make in Australia as the owner of Sportscene and Foschini outlets says sales growth at its stores Down Under defy its own expectations.
The biggest reseller of Nike and Adidas products in SA reported the fastest sales growth among its three main divisions in the nine months to end-December in Australia, where it entered the market with the acquisition of Retail Apparel Group — a menswear chain bought for almost R3bn in 2017 and renamed TFG Australia.
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TFG a rare success story of SA companies Down UnderThe fashion retailer has excelled Down Under, with an 11% revenue increase in Australia, attributed largely to using local, experienced managers
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