TFG could sell on the continent in future as online shopping surges

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TFG could sell on the continent in future as online shopping surges
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Sales revenue for the six months ended September jumped more than 50% as local and offshore operations recovered from lockdowns

TFG, owner of Markham and Fabiani, could put to work its significant local manufacturing capabilities and open its doors to selling clothing across Africa, where many companies in SA have lost money, as cross-border sales through online channels becoming a global norm.

CEO Anthony Thunström told Business Day after its half-year results: “It’s not revolutionary thinking. In Lagos, you can order a dress out of New York and have it shipped to you in less than a week.”..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

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