Foschini SA Overview
Foschini is a clothing company operating its operations across the world. The company was founded in 1925.
The main headquarters of the company is situated in Cape Town, South Africa. The Chief Executive Officers of the company is A. Daug Murray.
They also operate several subsidiaries named as Phase Eight, Whistles, Retail Apparel Group, Markham, Sports scene and Totalsports.
In 2015, they acquired the British Chain Phase Eight whereas, in 2016, the company acquired Whistles with their 46 shops.
As of 31 March 2017, the market capitalization (Rm) of the company was 33912,9.
The major income of the company is through clothing, jewelry, cellphones, cosmetics, homeware, and furniture products.
There more than 23,400 employees working with the company for providing their services across the world.
Brands
The company operates more than 22 retail brands named as Phase Eight, Markham, Foschini, Totalsports, Exact, Sportscene, American Swiss, The Fix, Sterns, Next, G-Star Raw and Fabiani.
The Foschini brand of the company
operates more than 331 stores. The brands related to clothing, footwear, jewelry, sportswear, mobile phone and many more.
In Africa, the organization is the leader in the fashion industry.
The company operates more than 3,000 stores in more than 34 industries. Every store is based on modern design so customers can shop easily.
The company into several divisions named as Family Fashion, Ladies Fashion, Men's Fashion, and Kids Fashion.
The company offers its credit facility in Namibia, Botswana, Lesotho, and Swaziland.
It also offers its clothing products through an e-commerce website.
History
In 1921, the company began trading. On 8 July 1941, the company was listed on JSE.
The passion of the firm helps them in reaching its objective.
On 27 November 1925, the first store of the company was opened in Johannesburg.
After the years, the company opened its nine branches in South Africa.
References Taken
https://www.foschini.co.za/plp/clothing
https://www.instagram.com/foschinisa/?hl=en