Fashion retailer TFG posts 15.3% fall in half-year earnings

South African fashion retailer The Foschini Group (TFG) reported a 15.3% fall in half-year earnings, impacted by increased levels of power cuts and higher interest rates.

The owner of the Foschini and Markham clothing brands said headline earnings per share for the six months ended September 30, fell to 393.6 cents from 464.6 cents in the same period last year.

It also declared an interim dividend of 150 cents per share, down from 170 cents last year.

Source: eNCA

In other news –  Kim Kardashian shades Kanye West while dropping her list of Mr Perfect

The newest episode of The Kardashians is full of Kim’s manifestations about her future, and seemingly she is, in no way, forgetting the chance to take a dig at her ex-husband Kanye West. The SKIMS founder finally revealed what she is looking for in an ‘ideal’ partner. Doing so, the businesswoman teased that her previous partner was not even close to her ‘Mr. Perfect.

While Kim Kardashian was jetting off to Las Vegas in her private plane, the socialite’s close friend and hairstylist Chris Appleton brought up the topic of her second marriage. Read more

Exit mobile version