Steinhoff's proposed acquisition of Australian furniture retail group Fantastic Holdings for A$361-million (about R3.89-billion) will help give the group scale in that country, but equates to only ...
Greenlit Brands, the owner of Fantastic Furniture and Freedom, has also reported lower-than-expected sales through December and January, with cost-of-living pressures and a tighter economy pushing ...
It came as the group, which also owns Freedom and Snooze, bounced back to a small profit of $13.585 million following a massive restructure and divestment of some of its businesses. Greenlit, the ...
Australia is fast becoming an important market for South African retailer and investor Steinhoff International Holdings, and the company’s interest in the local market will only likely continue to ...
Fantastic Furniture has launched the latest iteration of its ‘Aussie Made’ campaign, celebrating the retailer’s Australian made story and showing how comfortable buying Aussie-made feels. The campaign ...
The company's sponsor brokers Macquarie Capital and Credit Suisse fired off pre-deal investor education reports to fund managers on Friday morning, valuing the furniture retailer. Credit Suisse's ...