TFG could sell on the continent in future as online shopping surges
Sales revenue for the six months ended September jumped more than 50% as local and offshore operations recovered from lockdowns
TFG, owner of Markham and Fabiani, could put to work its significant local manufacturing capabilities and open its doors to selling clothing across Africa, where many companies in SA have lost money, as cross-border sales through online channels becoming a global norm.
CEO Anthony Thunström told Business Day after its half-year results: “It’s not revolutionary thinking. In Lagos, you can order a dress out of New York and have it shipped to you in less than a week.”..