| Industry | Retail |
|---|---|
| Headquarters | Johannesburg, South Africa |
| Products | Clothing, footwear, accessories, sporting goods |
| Subsidiaries | Edgars Consolidated Department Stores |
| Website | edcon.co.za |
Edcon Limited is a retail company based in Johannesburg, South Africa. Its subsidiaries include Edgars, a department store with 37 branches.[1][2]
Edcon (Pty) Ltd is the leading clothing, footwear and textiles (CFT) retailing group in South Africa trading through a range of retail formats. The first Edgars store was opened on 6 September 1929 in Joubert Street, Johannesburg. Since then, the Company has grown to ten retail brands trading in over 1000 stores in South Africa, Botswana, Namibia, Swaziland and Lesotho.
Edcon's retail business has, through recent acquisitions, added top stationery and houseware brands as well as general merchandise to its CFT portfolio. Defined by the target markets served, all retail business is structured under two divisions: Department Stores Division, including Edgars, CNA, Boardmans, Prato, Red Square and Temptations, serving middle and upper income markets and Discount Division including Jet, Jet Mart, Jet Shoes, Legit and Blacksnow, serving middle to lower income markets. Edcon Financial Services provides credit facilities and financial services products to the Group's over 4 million cardholders.
The stock of the company is listed on the Johannesburg Securities Exchange and Zimbabwe Stock Exchange, and is part of the Zimbabwe Industrial Index.
According to Business Day[1], South Africa's Competition Tribunal approved the sale of Edcon to Bain Capital on April 26, 2007.