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TFG Limited, also known as The Foschini Group, is a South African JSE listed retail clothing group, which trades under various brands and has more than 3,000 stores within its portfolio. [3] It is headquartered in Parow East near Cape Town .
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Tetragon Financial Group was founded in 2005. [6] It is registered in Saint Peter Port, Guernsey, in the Channel Islands, and headquartered in the United Kingdom.In 2007, Tetragon went public with an IPO, selling at $10/share, as an Amsterdam-listed closed-end investment company on Euronext. [7]
Founding director Stephen Leibowitz also sold his share in the company to TFG, giving it 100% of the company. [25] Retail Apparel Group had 477 stores at the time of the sale in 2017, [1] bringing Foschini's portfolio to above 3000 stores. [26] TFG sought to grow the company quickly, seeking double-digit growth in 2019. [27]
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