TFG reports robust fourth-quarter growth and gains in market share

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TFG reports robust fourth-quarter growth and gains in market share 🔒

Clothing manufacturer and retailer TFG says easing Covid-19 restrictions helped retail sales grow almost a quarter during the three months to end-March, with its Africa division booking a record performance.

Retail turnover grew 23.7% to end-March, the group’s fourth quarter, with TFG Africa growing 16.1% in rand terms, something that was indicative of further significant market-share gains...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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