Edcon

Edcon Limited
Private
Traded as ZSE: EDGR
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]

History

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, Lesotho, Zimbabwe and Zambia.

Edcon's retail business has, through recent acquisitions, added top stationery and houseware brands as well as general merchandise to its CFT portfolio. Edcon Financial Services provides credit facilities and financial services products to the Group's over 4 million cardholders.

The current CEO is Bernie Brookes

Divisions

Defined by the target markets served, all retail business is structured under two divisions:

The stock of the company is listed on the Johannesburg Securities Exchange and Zimbabwe Stock Exchange, and is part of the Zimbabwe Industrial Index.

Private equity sale

According to Business Day, South Africa's Competition Tribunal approved the sale of Edcon to Bain Capital on April 26, 2007.

References

  1. ↑ Google finance, Edgars Stores
  2. ↑ Edgars Stores, About us
  3. ↑ "Edcon Limited - Legit store locator".


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