Two of South Africa’s largest and most acquisitive apparel retailers, TFG and Mr Price Group, remain on the hunt for opportunities — but with different approaches. TFG is targeting scale, while Mr Price is focusing on smaller, tactical bolt-ons.

Both recently reported solid full-year results after enduring soft first halves. Marked second-half improvements were driven by such economic tailwinds as payouts from the two-pot retirement system and positive sentiment about the GNU. ..

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