annual report 2009
corporate Profile
The Group
Foschini Limited has the following operating divisions:
Retail
- Foschini, branded as Foschini, donna-claire, Luella and fashíonexpress
- Markham
- exact!
- TFG Apparel Supply Company
- The Sports division, branded as sportscene, Totalsports and DueSouth
- The Jewellery division, branded as American Swiss, Matrix and Sterns
- @home, branded as @home and @homelivingspace and
- FG Financial Services.
External Financial Services "RCS Group"
- Transactional Finance, comprising RCS Cards and RCS Private Label Cards and
- Fixed Term Finance, comprising RCS Personal Loans and RCS Home Loans
The retail divisions retail clothing, jewellery, accessories, cosmetics, sporting and outdoor apparel and equipment and homeware to the broad, middle-income group throughout southern Africa, mainly as a credit retailer. The ratio of cash sales to total turnover approximates 36%.
The external financial services division provides a range of broader financial services to customers of the group and to customers of unrelated retailers.
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| A modern and fashionable womenswear chain offering contemporary clothing, footwear and cosmetics for 18 to 35 year olds in the LSM 6 to 10 categories. | Contemporary and classic jeweller well known to the market for its quality and welcoming service, offering beautiful and meaningful jewellery. | Offers the modern, hi-tech outdoor enthusiast a wide range of products that correspond to their lifestyle. |
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| Offering stylish fashion for larger-sized women of all ages in the LSM 6 to 10 categories. | Leading jeweller that appeals to fashion-forward and image-conscious customers with appropriate products and brands that allow the growing middle market to express their status. | Chain offering a blend of sports and fashion products directed mainly at youthful and fashion-conscious customers in a fast-paced, urban street-smart energised shopping venue. |
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| A value fashion chain catering for women in the LSM 5 to 9 categories. | Chain offering sunglasses and cellphones to the brand-savvy and image-conscious consumer who aspires to designer labels. | South Africa’s premier chain for sportswear and basic items of sports equipment with leading international brands of products to meet the everyday needs of sportsmen and sportswomen, together with complementary fashion products. |
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| Chain devoted to women’s footwear and handbags, offering moderately priced products in a modern international store format. | Largest men’s fashion retail chain in southern Africa providing up-to-date internationally inspired menswear of good quality and value, suitable for all occasions. | Sells a wide range of homewares to the LSM 8 to 10 groups. |
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| Offers stylish and economical clothing, footwear and accessories for modern South African families in the LSM 5 to 8 categories, with particular appeal to women and men aged 30 and upwards, as well as clothing and footwear for children aged between 3 and 12 years. | Offers a comprehensive range of contemporary furniture and décor items in addition to the homewares range. | |
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| Provides personal loans and other financial services to customers of the group and others, as well as credit facilities to a number of retailers external to the Foschini Group. | Provides credit and related services to customers of the group. | Manages the supply of locally made apparel and co-ordinates the group’s activities in the fields of merchandise sourcing, shipping and quality assurance. |
