The Foschini Group Ltd

Foschini Group is an investment holding company. Through its retail operating divisions - the @home, Exact!, the Foschini division, the Jewellery division, Markham and the Sports division; Retail Technology Division, TFG Design Centre; TFG Merchandise Procurement; and TFG Financial Services - retail clothing, jewellery, accessories, cosmetics, sporting and outdoor apparel and equipment, and homeware and furniture to the middle-income group throughout southern Africa. The RCS Group, an operationally independent consumer finance business that provides a range of financial services under its own brand in South Africa, Namibia and Botswana.
  • Ticker105W
  • ISINZAE000148466
  • ExchangeJohannesburg Stock Exchange
  • SectorGeneral Retailers
  • CountrySouth Africa

Increased risk weighs on THE FOSCHINI GROUP LTD., penalising its rating down to Slightly Negative

The independent financial analyst theScreener just lowered the general evaluation of THE FOSCHINI GROUP LTD. (ZA), active in the Apparel Retailers industry. As regards its fundamental valuation, the title still shows 1 out of 4 possible stars. Its market behaviour, however, has slightly deteriorated and will be qualified as risky moving forward. theScreener considers that these new qualifications justify an overall rating downgrade to Slightly Negative. As of the analysis date May 8, 2020, the closing price was ZAR 71.52 and its target price was estimated at ZAR 65.38.

Feasibility Study Results in December to be a Catalyst for this Junior

Feasibility Study Results in December to be a Catalyst for this Junior

Atiyyah Vawda

SA Apparel Retail | A Closetful of Concerns

The apparel retail environment locally and globally has become increasingly challenging. The systemic shift of power from the retailer to the consumer has become evident in global heavy weight results like H&M and Inditex. Growth has slowed from double digit to low single digits. The intense competition, consumers' demand for value fashion and the consumers' changing demands are what retailers contend with. Locally, weak SA consumer consumption has affected apparel retailers. The outlook turned from positive at the start of 2018 to negative due to rising inflation, pressure on the disposable i...

2 directors sold after exercising options/sold

Two Directors at Foschini Group Limited sold after exercising options/sold 239,065 shares at between 233.550ZAR and 238.703ZAR. The significance rating of the trade was 100/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading ...

Atiyyah Vawda

TFG | slow but steady wins the race

TFG's H1'18 results were in line with our expectations, delivering sales growth of 9.2%, GP margin expansion of 120bps in the local business and earnings growth of 5.6% (Avior: 6%) in a difficult operating environment. The results displayed the success of cost cutting and inventory optimisation strategies. In this note, we also provide feedback on the Launch of the Fabiani Women brand and our view on the announced Hobbs acquisition.

2 directors sold after exercising options/sold

Two Directors at Foschini Group Limited sold after exercising options/sold 239,065 shares at between 233.550ZAR and 238.703ZAR. The significance rating of the trade was 100/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading ...