FOSCHINI GROUP - Cape Town

Foschini Limited is an investment holding company operating in the retail and financial services segments within southern Africa. The group trades primarily in South Africa with retail turnover emanating from Botswana, Swaziland and Namibia accounting for 3, 8% of the group turnover. Comprising 14 trading brands in over 1 500 stores, the group brings a lifestyle range of brands that are prominent household fashion brands into the retail market. TFG Apparel Supply Company manages the supply of locally made apparel and co-ordinates the merchandise sourcing, shipping and quality assurance activities. A further two trading divisions offer financial services. All the trading divisions are supported by numerous service divisions which provide centralised support services. The company, which  

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commenced trading in 1924, has been listed on the JSE Limited since 1 January 1941 and is regarded as one of the foremost independent chain store groups in the country. It is listed on the main board in the Consumer Services – Retail sector. The company’s success is strongly driven by its desire to provide the right merchandise to the respective target markets of all its trading divisions, and its skill in achieving this objective has resulted in a successful track record. The Foschini group believes that teamwork coupled with professionalism in all aspects of retailing is and will continue to be the foundation for the future.