June 07, 2024

TFG posts a 22% increase in annual online turnover, wrestling-off Chinese outfits Shein and Temu. Friday File - Nungu Diamonds (The State of Luxury diamond sector)

36 minutes

Anthony Thunström, CEO of TFG, discusses the company's annual results with Bruce Whitfield. TFG reported a 22% full year increase in online turnover, amid rising competition from Chinese retailers Shein and Temu. The group announced that online retail sales reached R5.6 billion, accounting for 9.9% of the total retail turnover for the year. This growth in online sales is largely due to the success of their Bash platform in South Africa.
Patrick Mathidi, head of Equities at Aluwani Capital Partners joins host Bruce Whitfield to analyse the day's market fluctuations and delve into the latest developments in business and finance.
Bruce Whitfield is joined by Founder & Manufacturer of Nungu Diamonds Kealeboga Pule to speak to us on the intriguing sector of the state of Luxury diamond sector.

See omnystudio.com/listener for privacy information.

...more

By Radio 702

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2929 ratings

June 07, 2024

36 minutes

Anthony Thunström, CEO of TFG, discusses the company's annual results with Bruce Whitfield. TFG reported a 22% full year increase in online turnover, amid rising competition from Chinese retailers Shein and Temu. The group announced that online retail sales reached R5.6 billion, accounting for 9.9% of the total retail turnover for the year. This growth in online sales is largely due to the success of their Bash platform in South Africa.
Patrick Mathidi, head of Equities at Aluwani Capital Partners joins host Bruce Whitfield to analyse the day's market fluctuations and delve into the latest developments in business and finance.
Bruce Whitfield is joined by Founder & Manufacturer of Nungu Diamonds Kealeboga Pule to speak to us on the intriguing sector of the state of Luxury diamond sector.

See omnystudio.com/listener for privacy information.

...more