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The Foschini Group
TFG Limited (commonly known as TFG and formerly The Foschini Group), is a South African retail clothing group, which trades under various brands, and has more than 3,000 stores within its portfolio. It is headquartered in Cape Town. In 2015, the company acquired the British apparel chain Phase Eight from TowerBrook Capital Partners, then valued at £300 million. In March 2016, TFG acquired the British chain Whistles with its 46 retail shops. In 2017, the company acquired Australian retail company Retail Apparel Group from Navis Capital Partners. In March 2020, TFG announced that, during the on-going COVID-19 pandemic, the company would cease to pay rents for its retail locations during the resultant lockdowns in South Africa. During the course of 2020, TFG acquired the chain of Jet stores from an ailing Edcon, further expanding their footprint as a retail conglomerate. On 5 October 2021, it was reported that TymeBank TymeBank is a South African digital bank aimed at the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Retail Apparel Group
Retail Apparel Group is an Australian and New Zealand clothing retail company, wholly owned by the Foschini Group. The company operates stores under the Tarocash, Connor, yd., Johnny Bigg, Rockwear and AXL+Co brands. Brands Tarocash Tarocash is a men's formal wear brand established in 1987. There are 103 Tarocash stores in Australia. There are 12 stores in New Zealand, including eight in Auckland. Tarocash is the main retailer of affordable suits for millennial and Generation Z consumers in Australia, but is often ridiculed for its cheap polyester clothing. Connor Connor is a menswear chain selling formal, smart and casual clothing at affordable prices established in 2007. There are 172 Connor stores in Australia. There are eight stores in New Zealand, including four in Auckland. yd. yd. is a menswear store specialising in the latest fashion trends. There are 120 yd. stores in Australia. There are eight stores in New Zealand, including four in Auckland. Johnny Bigg Jo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TymeBank
TymeBank is a South African digital bank aimed at the lower income market. Headquartered in Rosebank, Johannesburg, TymeBank does not have any physical bank branches and relies on an Android banking App, and Internet Banking site and a partnership with two retail chains, Pick n Pay and Boxer, to host a national network of self-service kiosks that facilitate the account opening process. The Prudential Authority of the South African Reserve Bank (SARB), granted permission for TymeBank to operate exclusively online on 28 September 2017. History The "Tyme" (Take Your Money Everywhere) concept was originally developed as part of a Deloitte Consulting project, funded by the telecommunications provider, MTN Group. It went on to become a stand-alone business in June 2012. In 2015, the Commonwealth Bank of Australia (CBA) acquired 100% of Tyme, and renamed the business TymeDigital by Commonwealth Bank SA. On 28 September 2017, TymeDigital secured an operating licence from the South ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Edcon
Edcon Limited was a retail company based in Johannesburg, South Africa. Its subsidiaries included Edgars, a department store with 203 branches. In 2020, the Competition Tribunal approved the sale of the Edgars division to Retailability (pty) Ltd, and Jet to The Foschini Group. History Edcon Ltd was the leading clothing, footwear and textiles (CFT) retailing group in South Africa trading through a range of retail formats. The first Edgars store was opened on 6 September 1929 in Joubert Street, Johannesburg by Sydney Press. It was listed on the Johannesburg Stock Exchange in 1949 and opened its first stores outside of South Africa in Botswana, Lesotho and Swaziland (now Eswatini) in 1966-69. Since then, the Company had grown to ten retail brands trading in (as of 2014) over 1400 stores in South Africa, Botswana, Namibia, Eswatini, Lesotho, Ghana, Zimbabwe and Zambia. In 1982 the company, still known as Edgars, was acquired by South African Breweries. It launched its Red Squ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Responses To The COVID-19 Pandemic
National responses to the COVID-19 pandemic have been varied, and have included containment measures such as lockdowns, quarantines, and curfews. As of , COVID-19 pandemic cases, cases of COVID-19 have been reported, resulting in COVID-19 pandemic deaths, reported deaths. The most affected countries in terms of confirmed cases are the COVID-19 pandemic in the United States, United States, COVID-19 pandemic in Brazil, Brazil, COVID-19 pandemic in India, India, COVID-19 pandemic in Russia, Russia, COVID-19 pandemic in South Africa, South Africa, COVID-19 pandemic in Peru, Peru, COVID-19 pandemic in Mexico, Mexico, COVID-19 pandemic in Chile, Chile, the COVID-19 pandemic in the United Kingdom, United Kingdom, and COVID-19 pandemic in Iran, Iran. Lockdowns The pandemic has caused worldwide curfews and similar restrictions (stay-at-home orders, shelter-in-place orders, Shutdown (economics), shutdowns/lockdowns) established to prevent further spread of COVID-19. The pand ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
COVID-19 Pandemic In South Africa
The COVID-19 pandemic in South Africa was part of the pandemic of coronavirus disease 2019 (COVID-19) caused by the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). On 5 March 2020, Minister of Health Zweli Mkhize had confirmed the spread of the virus to South Africa, with the first known patient being a male citizen who tested positive upon his return from Italy. On 15 March 2020, the President of South Africa, Cyril Ramaphosa, declared a national state of disaster, and announced measures such as immediate travel restrictions and the closure of schools from 18 March. On 17 March, the ''National Coronavirus Command Council'' was established, "to lead the nation's plan to contain the spread and mitigate the negative impact of the coronavirus". On 23 March, a national lockdown was announced, starting on 27 March 2020. The first local death from the disease was reported on 27 March 2020. On 21 April, a 500 billion rand stimulus was announced in response ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TowerBrook Capital Partners
TowerBrook Capital Partners, L.P. is an investment management firm headquartered in London and New York City. TowerBrook spun out of Soros Fund Management in 2005 and became known for acquiring majority stakes in companies such as Jimmy Choo. Managing $13.7 billion in a number of private equity funds and structured opportunities funds, TowerBrook listed 30 active investments on its website as of 2020. History 2005 and prior TowerBrook Capital Partners was formed as a Corporate spin-off, spin-off of Soros Fund Management, George Soros' equity management firm. TowerBrook's co-founders, Neal Moszkowski and Ramez Sousou, had previously served as co-heads of Soros Fund Management's private equity arm, Soros Private Equity (SPEP); SPEP launched its first fund around 2000. SPEP was also an early investor in companies such as Eir (telecommunications), Eircom, CSTV Networks, and Cablecom, which it sold to Liberty Global in 2005. In April 2005, Moszkowski and Sousou spun out SPEP from Soros ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Clothing
Clothing (also known as clothes, garments, dress, apparel, or attire) is any item worn on a human human body, body. Typically, clothing is made of fabrics or textiles, but over time it has included garments made from animal skin and other thin sheets of materials and natural products found in the environment, put together. The wearing of clothing is mostly restricted to human beings and is a feature of all human societies. The amount and type of clothing worn depends on gender, body type, social factors, and geographic considerations. Garments cover the body, footwear covers the feet, gloves cover the hands, while hats and headgear cover the head, and underwear covers the intimate parts. Clothing serves many purposes: it can serve as protection from the elements, rough surfaces, sharp stones, rash-causing plants, and insect bites, by providing a barrier between the skin and the environment. Clothing can insulate against cold or hot conditions, and it can provide a hygienic barrie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Retail
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is the sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a long history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the pro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Whistles (company)
Whistles is a women's contemporary fashion brand with more than 40 stores and 60 concessions in the UK, USA, Europe, Hong Kong, and Australia. It was founded in 1976 by Lucille and Richard Lewin. In January 2008, Jane Shepherdson, former Topshop director, signed a deal to purchase a 20 per cent stake in Whistles and was appointed as chief executive. The brand was scheduled to unveil its relaunch days before Lehman Brothers collapsed. It survived the subsequent global economic recession of 2008-2009, during which one of its largest backers, Baugur, went bankrupt. In March 2016, Whistles and its then-46 shops were bought by the South African retailer, Foschini Group. Product In the past, the style of Whistles was described as having "a pretty but decidedly yummy mummy-ish air". Since Shepherdson's appointment as chief executive, the clothes were said to have cleaner silhouettes with a more sophisticated palette; "baby pinks and lilacs have made way for olives, camel, chin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Retail
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is the sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a long history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the pro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Phase Eight
Phase Eight is a British women's wear clothing brand. The company has stores and concessions in the United Kingdom, Ireland, Switzerland, Germany, Sweden, Australia, UAE, and other countries. History Phase Eight was first established by Patsy Seddon in London in 1979 in a small boutique in Wandsworth Common. The name originated from a combination of P. Hayes, Patsy's maiden name, and the address of the first shop, 8 Bellevue Road. The retailer provides women's clothing designed in house, including Bridalwear and accessories. Phase Eight was purchased by the South African retailer Foschini Group in 2015. Stores As of 2014, the retailer had 106 stores and 207 concessions in the UK, and 18 stores and 128 concessions internationally. Internationally, Phase Eight opened four stores in Switzerland and seven concessions in Germany through its subsidiaries and joint venture partners in 2013. References External links * {{official website, http://www.phase-eight.com Clothing ret ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
