Changes in consumer expectations, the economy and technology had a big and positive impact on Black Friday in 2024.
Browsing: TFG
The Foschini Group is mounting a challenge to global giants expanding aggressively into the local e-commerce market.
The retail fashion group has attributed much of the growth in online sales to the success of Bash.
Takealot Group has sold its online fashion business Superbalist to a private equity consortium.
Shein and Temu have exploited loopholes to undercut local e-commerce companies unfairly, Takealot said.
Local retail and logistics industry stakeholders have welcomed an intervention to protect South African retailers.
Bash, the online retail platform built by Superbalist co-founders Claude Hannan and Luke Jadeyekin for TFG, is proving to be a success for the retailer.
Retail group TFG’s online sales now make up almost 10% of its turnover, more than double the market average.
Shein has gained a strong foothold in the e-commerce market in South Africa. But is it competing on a level playing field?
Shein is the most downloaded shopping app on South Africa’s Google Play store. And it isn’t even trying that hard.