Mail & Guardian
Mail & Guardian
foschinilatest news & developments
Sold on it: H&M’s home concept store in Joburg carries its own range as well as local brands.
AFRICA

South Africa’s retail revival is cashing in

Newer retailers are setting the benchmark for South Africa’s retail landscape, with plenty of room for innovation in bricks and mortar

  • Kimberley Schoeman
7 min read
Amazon’s warehouse in England. More South Africans are shopping online. (Oli Scarff/Getty Images)
BLACK FRIDAY

Surveys predict Black Friday likely to fuel e-commerce

Fear of contracting the coronavirus while fighting off other shoppers will probably change how people shop for sales

  • Sarah Smit
3 min read
The National Credit Regulator says it will consider appealing the judgment.
FIN1

High court ruling could unleash flood of new credit applications

TransUnion CEO Lee Naik stressed the ruling does not scrap the entire National Credit Act regulation, which makes provision for responsible lending

  • Fin1
2 min read
Some say the decision to scrap the need for borrowers to provide documented proof of income will result in reckless lending but others believe it is a fair decision.
FOSCHINI

Credit ruling gets mixed reaction

Both those for it and against it want responsible lending but are at odds over how it should be done

  • Staff Reporter
6 min read
CREDIT PROVIDER

France’s largest bank BNP Paribas to buy South African credit provider

BNP Paribas has begun to negotiate the purchase of RCS Investment Holdings, a consumer credit provider owned by Standard Bank and Foschini.

  • Andre Janse Van Vuuren
1 min read
FOSCHINI

Mr Price leads clothing retailers lower as sales lag inflation

While store sales increased 10.5% in the final quarter of 2013, it could not match the rise in costs the company said.

  • Franz Wild
1 min read
CHRIS ROPER

Cherrie-picking cultural values

Dropping Stoned Cherrie because even black people think they’re "too black"? That’s almost as funny as trying to lecture Zapiro on respect.

  • Chris Roper
4 min read
FOSCHINI

Foschini sales up 8,7%

South African clothing retailer Foschini posted an 8,7% rise in third-quarter revenue on Friday, thanks to new stores.

  • Rebecca Harrison
2 min read
BIDVEST

Massacre on Maude Street

The all-share index has been buoyed by resources, but there is no hiding the carnage.

  • Maya Fisher French
5 min read