TFG has entered into an agreement to buy certain "commercially-viable stores and selected assets" of Jet from embattled Edcon for a cash purchase consideration of R480m. Edcon is currently in business rescue in terms of the Companies Act.
3 days ago
The sale of used clothing is a billion-dollar global industry. According to some estimates, almost 70% of garments that are donated globally end up on the African continent.
By Dan Banik 10 Jul 2020