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About Foschini Group

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Foschini Group is a South African retail clothing company with more than 3,000 stores. It is headquartered in Parow near Cape Town. In 2015, the company bought the British apparel chain Phase Eight from TowerBrook Capital Partners, then valued at £300 million.

Foschini Group was founded in 1838

Foschini Group announced that, during the ongoing COVID-19 pandemic, the company would cease to pay rents for its retail locations during the resultant lockdowns in South Africa

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Foschini Group Information

Industry Retail
Founded 1925
Headquarters
Parow, Western CapeSouth Africa
Number of locations
2468 across 24 countries
Area served
Africa, UK, Australia
Key people
Michael Lewis
(chairman)
Anthony Thunström
(Chief executive officer)
Revenue R 34.1 billion
Number of employees
29,121 (2019)
Subsidiaries

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Website www.tfglimited.co.za

Source – Wikipedia.

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