05
Feb
Staff Reporter The Foschini Group Limited has reported modest sales growth for the third quarter of its 2026 financial year, as tough consumer conditions in South Africa continued to limit discretionary spending. In a trading update covering the nine months from 1 April 2025 to 27 December 2025, including the 13 weeks to 27 December 2025, the Group said trading conditions remained difficult despite easing inflation and recent interest rate cuts. The company noted that the third quarter of the prior year benefited from the introduction of South Africa’s two-pot retirement system, which supported consumer spending at the time. Sales…
