Edgars is a Johannesburg-based chain of stores present all over Southern Africa. The department store was previously selling clothing, shoes, homeware & beauty and under new leadership has recently shifted its focus to mass-market fashion and beauty products.
Edgars
What is Edgars new name?
Edcon Limited
What is Edgars new name? Edcon Limited was a retail company based in Johannesburg, South Africa. Its subsidiaries included Edgars, a department store with 203 branches. In 2020, the Competition Tribunal approved the sale of the Edgars division to Retailability (pty) Ltd, and Jet to The Foschini Group.
Is Edgars under TFG?
TFG will be taking over the most profitable Jet and Edgars stores. Edcon Holdings has reportedly agreed to sell part of South African clothing chain Edgars to TFG, a private equity-backed regional rival, potentially safeguarding a 91-year-old brand and saving thousands of jobs.
Which stores are part of Edgars?
Edgars Stores Limited is a separate company operating the businesses in Zimbabwe: Edgars and Jet department stores, as well as Edgars Financial Services and Carousel, its Bulawayo-based manufacturing arm.
Bain Capital K20164702… (South Africa) Limited
Edcon Limited/Parent organizations
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