nthony 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.
The Money Show
nthony 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.
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