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TFG London acquisition strategies yield revenue surge amid macroeconomic headwinds

TFG Brands (London) Limited, the central UK hub for The Foschini Group (TFG), has reported a significant revenue increase for the financial year ended 29 March 2025. Despite a challenging global economic backdrop, the Group’s turnover rose to 377.5 million pounds, up 16.7 percent, bolstered by the successful acquisition of White Stuff in October...

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Business

Hobbs swings to full-year loss as pandemic bites

Luxury womenswear brand Hobbs swung to a full-year loss and saw its turnover halve in the 12 months to March 27 as the pandemic took its toll on the business. The British brand’s turnover in the year dropped 51 percent to 65.1 million pounds, with the company citing store closures and a drop in demand for its core product categories such as...

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