Latest articles on EDCON

Lockdown hampers Edcon business rescue – analysts

Independent retail analyst Syd Vianello says going under business rescue does not mean Edcon will be saved, “it simply gives business rescue practitioners a chance to work out how they can save the company”

Was Edcon saved to secure votes?

The former PIC boss alludes to political interference in some of the state asset manager’s investments

Edcon clears the first hurdle

​Edcon chief executive Grant Pattison and his team achieved what many critics doubted they could — secure an almost R3-billion lifeline

Edcon group gets R2.7-billion lifeline

The UIF, with surpluses in the region of R156-billion, has helped rescue the embattled retailer, which owns Jet, Edgars and CNA

Saving Edcon is about saving jobs, says CEO

But the retailer’s recapitalisation plan rests on securing a new investor, and its landlords and lenders being on board.

Edcon: Experts split on PIC lifeline

Should the giant be left to sink or should it be helped to stay afloat in South Africa’s retail storm

South Africa has a bold new vision for the fashion industry

Collaboration throughout the fashion chain means that fashionistas will no longer have to wait for the trends abroad to arrive on local shores.

Edgars unveils Windows Smartphone

Edgars unveiled its first Windows Phone 8.1 device, the Verssed W1 smartphone, and will be available in select retail outlets from December 15.

Edcon plans credit sales growth as loss narrows

The clothing retailer looks to bolster sales by enabling pressurized consumers to buy more on credit.

Edcon’s bonds best performing in Europe as investors seek risk

Following a cut in the benchmark rate, resulting record low yeilds have fuelled a demand for dicier securities.

Edcon losses rise as store remodeling disrupts sales

Clothing retailer Edcon has posted a first-quarter loss in excess of R700mn as a result of operational disruptions and falling sales.

Edcon loss widens as changes disrupt clothes sales

The clothing retailer posted a wider annual loss as changes in stores disrupted sales, but it expects trading results to improve from September.

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