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title: Bash powers TFG online sales as group profit tumbles
description: The Foschini Group (TFG) reported a 49.2% surge in e-commerce sales for its South African division, driven by its Bash online marketplace platform, even as...
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# Bash powers TFG online sales as group profit tumbles

**[TechCentral](https://daily.dev/sources/techcentral)** · 3 min read · 0 upvotes · 0 comments

## Summary

The Foschini Group (TFG) reported a 49.2% surge in e-commerce sales for its South African division, driven by its Bash online marketplace platform, even as group headline earnings per share fell 33.5% and the retailer took R1-billion in write-downs against offshore brands. Group online sales rose 31.7% and now represent 14.8% of total retail sales, with e-commerce revenue climbing to approximately R9.2-billion. Despite the online momentum, operating profit slid ~37% to R3.9-billion and the final dividend was cut 39.1%. The results come amid an increasingly competitive South African e-commerce landscape with Amazon launching Prime membership and Takealot's continued dominance.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://techcentral.co.za/bash-powers-tfg-online-sales-as-group-profit-tumbles/282326>

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---

Tags: [#ecommerce](https://daily.dev/tags/ecommerce), [#bash](https://daily.dev/tags/bash)

[View this post on daily.dev](https://daily.dev/posts/bash-powers-tfg-online-sales-as-group-profit-tumbles-x7phjcqd1)

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