TFG posts a 22% increase in annual online turnover, wrestling-off

TFG posts a 22% increase in annual online turnover, wrestling-off Chinese outfits Shein and Temu.

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nthony Thunström, CEO of TFG, discusses the company's annual results withBruce Whitfield. TFG reported a 22% full year increase in online turnover, amid risingcompetition from Chinese retailers Shein and Temu. The group announced that online retailsales reached R5.6 billion, accounting for 9.9% of the total retail turnover for the year. Thisgrowth in online sales is largely due to the success of their Bash platform in South Africa. See omnystudio.com/listener for privacy information.

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