South African fashion retailer The Foschini Group's half-year profit rose 16.6 percent on strong growth in clothing sales, it said on Thursday. TFG, which in January bought Britain's Phase Eight, said headline earnings per share (EPS) from continuing operations rose to 470.2 cents for the six months ended Sept. 30 from 403.3 cents a year earlier. Headline EPS is the main profit measure in South Africa and strips away certain one-off items.
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South Africa’s Foschini Group lifts profit on clothing sales