Clothing and homeware retailer TFG is assessing the extent of the damage and potential losses after 190 of its stores were looted and damaged in parts of KwaZulu-Natal and Gauteng.

Like other retailers, the owner of the Foschini, Markham and Sportscene brands was caught up in the social unrest that has since subsided, but has cost businesses billions of rand in damaged infrastructure and lost sales, according to preliminary estimates...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now