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Message: [QUOTE="Shamiso, post: 92905, member: 160"] Mr Price Group Limited is a separate JSE-listed company with share code MRP, while TFG Limited trades under the code TFG. Mr Price is therefore not a TFG brand, and the group Mr Price belongs to is Mr Price Group Limited itself. The clean answer to who owns Mr Price is also less personal than the wording suggests. Mr Price ownership is expressed through shareholdings in the listed company rather than through TFG, while the Mr Price Group CEO and board run the business. Stewart Cohen and Laurie Chiappini are the Mr Price Group founders, but founding a company is not the same thing as being its sole present owner. Mark Blair is the current Mr Price Group CEO, while Nigel Payne chairs the board. Those jobs put them at the center of strategy and governance, but a management title is not the same as owning the listed company. Shareholders hold the equity, directors oversee the company, and executives handle its day-to-day operations. [HEADING=2]Mr Price belongs to Mr Price Group Limited[/HEADING] Mr Price is a South African retail brand within a company whose roots go back to the first Mr Price Factory Store opened in Klerksdorp in 1985. Mr Price Group Limited is incorporated in South Africa and listed on the Johannesburg Stock Exchange and A2X under MRP. A Mr Price Group share price quote is therefore tied to MRP, while TFG's primary listed share code is TFG. The current Mr Price Group brands extend well beyond the original apparel chain. Its retail portfolio includes Mr Price, Mr Price Kids, Mr Price Sport, Miladys, Studio 88, Power Fashion, Mr Price Home, Sheet Street, Yuppiechef and NKD, alongside services such as Mr Price Money and cellular operations. The same distinction matters when asking who owns Mr Price Home because it sits inside Mr Price Group, not TFG. The footprint has also changed quickly. Mr Price Group stores now total 5,360 across ten divisions, with operations in South Africa, other sub-Saharan African markets, and Central and Eastern Europe. Those figures are far beyond the 3,100-store position reported in the group's [B][URL='https://goldmidi.com/community/threads/mr-price-posts-strong-profit-growth-with-steady-expansion.57330/']strong profit growth with steady expansion[/URL][/B] update from late 2025. [HEADING=2]TFG is a separate listed retail group[/HEADING] TFG is short for The Foschini Group, another South African listed retailer with its own corporate identity, directors, shareholders and brand portfolio. Its official company information identifies The Foschini Group Limited separately and gives it the JSE share code TFG. Its current brand portfolio runs to dozens of retail names, but Mr Price is not one of them. The separate listings are the simplest practical check when the names get blurred together. The Mr Price Group board of directors governs MRP, while TFG has its own board and disclosures. The Mr Price Group annual report for 2026 likewise reports Mr Price's assets, subsidiaries, acquisitions and results within its own consolidated group rather than inside TFG's accounts. Confusion is understandable because both groups compete across South African fashion and value retail, and both operate multiple chains under one listed parent. Similar store categories do not create common ownership. A customer can see Mr Price, Foschini and other fashion chains in the same mall without those stores belonging to the same company. [HEADING=2]Acquisitions changed the group without changing its identity[/HEADING] Mr Price Group's acquisition strategy has made the ownership picture look busier since 2021. It added Power Fashion and Yuppiechef, took control of Studio 88, and then expanded into Europe through NKD. By March 29, 2026, Mr Price had purchased the remaining 15 percent of Studio 88, taking its effective holding to 100 percent. Two days later, the NKD transaction became effective. Mr Price paid €477 million, reported as roughly R9.39 billion, for the European value retailer through the acquisition of Pegasus, NKD's holding company. The [URL='https://goldmidi.com/community/threads/mr-price-goes-global-nkd-deal-stirs-retail-drama.62611/']NKD expansion deal[/URL] added about 2,200 stores across seven European countries and pushed Mr Price into a much larger international footprint. Public-company ownership also means management can pursue a deal while shareholders disagree with it. The [URL='https://goldmidi.com/community/threads/mr-price%E2%80%99s-german-gamble-draws-fire-from-top-shareholder.63443/']shareholder pushback over NKD[/URL] showed that distinction clearly before completion. A significant investor could challenge the price and strategy without becoming the company itself or changing Mr Price into somebody else's retail division. So the useful answer to which group Mr Price belongs to stays simple even after the acquisitions. Mr Price sits inside Mr Price Group Limited, whose listed identity is MRP. TFG is a different listed retailer, and the newer Studio 88 and NKD ownership changes expanded Mr Price Group rather than placing it under TFG. [/QUOTE]

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