TFG bolsters sportswear business with JD Sports franchise deal

  • 📰 Moneyweb
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 77%

Switzerland Nachrichten Nachrichten

Switzerland Neuesten Nachrichten,Switzerland Schlagzeilen

'This partnership allows TFG to bring a new compelling international sports fashion offering to the South African market,' Anthony Thunström, TFG CEO said.

Upmarket fashion and homeware retailer TFG said on Wednesday that it has signed a franchise agreement to be British sportswear giant JD Sports Fashion’s exclusive retail partner in South Africa. Demand for casual and sportswear has remained steady in South Africa, even after the Covid-19 pandemic, which accelerated a shift to working from home, prompting consumers to shop for comfortable footwear and leggings. Some still work from home two to three days a week.

Sports said the deal is part of its global growth strategy to expand into underpenetrated markets and become a global athletic leisurewear “powerhouse”. “This partnership allows TFG to bring a new compelling international sports fashion offering to the South African market,” Anthony Thunström, TFG CEO said in a statement.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 5. in CH
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen