reports
- Shamil Ismail
- Shamil Ismail
The Foschini Group (TFG) - Can TFG take RAG to riches ?
We consider TFG’s acquisition of Australian retailer RAG Group, and estimate that the return on investment for the private equity seller may be between 7.1% to 12.5% p.a., which raises questions as to why they would dispose of this retail business delivering higher double-digit topline and profit growth. We conduct on-the-ground research in Melbourne, Australia, and engaged a menswear fashion stylist to visit RAG stores and provide views of the chains which may explain its strong growth in a ver...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.