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It’s common cause that the consumer’s disposable income is feeling the sort of squeeze normally handed out by a boa constrictor, but one little-considered reason for this could be that the said consumer appears to have spent most of the past year down at Foschini, where they have been spewing out cash like a presidential sofa.

TFG has had a belter of a year, with retail turnover up 31.6% on the back of all territories performing ahead of expectation, and gross margins growing to an impressive 48.5%. ..

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