The Foschini Group is trading at ZAc 5,386.00 (+5.88%) after its September 2, 2026 trading update showed online revenue up 15.3% globally and 54.1% in Africa.
- Online sales reached 15.9% of group sales, supported by the Bash platform.
- The company plans to close approximately 280 African stores through 2029, emphasizing its digital strategy.
- Group sales reached R23 billion, up 0.2%, while African sales increased 3.4%, a mixed but digitally improving picture.