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Search Tag: Foschini Group
- TFG gets approval for Street Fever takeoverCape Town, W. Cape, SA - The Tribunal has approved, subject to employment and local procurement related conditions, the proposed merger whereby Foschini Retail Group (Pty) Ltd intends to acquire the business conducted under the Street Fever business name from BMT Street Fever (Pty) Ltd. Post-merger, the ...moreCelrose: TFL 'not the buyer'Cape Town, W. Cape, SA - The Foschini Group (TFG), which had been identified as the interested party by several sources close to negotiations between the Industrial Development Corporation (IDC) and potential buyers of clothing manufacturer Celrose and its footwear manufacturing subsidiary, Eddels Footwear, is NOT buying Celrose, TFG said ...moreUndervalued safety footwear focus of SARS-industry discussions but less progress on imports flouting country of origin marking rulesCape Town, SA - Country of origin marking and reference pricing again dominated the second meeting of the SARS Footwear and Leather Task Team on November 7, which included representatives from SA Revenue Services, SAFLIA, NULAW and SACTWU, and the Foschini Group. The DTI was not represented. There was some progress on reference pricing, a ...more
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