TFG London (The Foschini Group) Acquires White Stuff

October 28, 2024

TFG London, the UK arm of South African retailer The Foschini Group (TFG), has acquired British lifestyle apparel retailer White Stuff. The deal expands TFG’s UK brand portfolio (alongside Hobbs, Phase Eight and Whistles) and supports White Stuff’s growth plans across stores and digital channels; White Stuff reported ~£154.8m revenue and £8.6m EBITDA as of April 2024 and operates 113 UK stores and 46 concessions.

Buyers
TFG London, The Foschini Group (TFG)
Targets
White Stuff
Sellers
Founders George Treves and Sean Thomas
Industry
Retail
Location
England, United Kingdom
Transaction Type
Buyout

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