Edgars to remodel business to ‘seize’ market opportunities

Edgars reported revenue of ZWL$294 billion during the period under review, up 70,3% from that achieved in 2023 of ZWL$172,6 billion.
By Belinda Chiroodza May. 15, 2024

‘VFEX move positions Edgars for regional fame’

The Edgars group, comprising Edgars Stores, Jet, Carousel and Club-Plus, had witnessed tremendous growth over the last few years, the company said.
By Mthandazo Nyoni Apr. 8, 2024

Value preservation vs investment returns

During the dollarisation era, the Edgars stock was going for US$0,158 as at February 8, 2019, while overall market capitalisation stood at US$7,9 billion.
By Ceteris Paribus Feb. 16, 2024

ZSE seeks new listings for the bourse

Last week, clothing chain retailer Edgars Stores Limited announced plans to delist and join the VFEX.
By Tafadzwa Mhlanga Feb. 12, 2024

Edgars appoints new CFO

Mutevhe replaces Happiness Vundla, who resigned from the board in October last year.
By Blessed Ndlovu Jan. 9, 2024

Auditors condemn Edgars financial results

The auditors subsequently issued a negative opinion to the clothing manufacturer.
By Mthandazo Nyoni May. 14, 2023

The plague of informalisation

Clothing retailers have also had to deal with an influx of second-hand clothes in the market (mabhero), which has led to pricing pressures.
By Batanai Matsika Mar. 3, 2023

Improved performance buoys Edgars

The group said the operating environment remained relatively stable compared to the prior period.
By Rugare Mubika Oct. 11, 2022

Edgars Borrowdale relocates to bigger space

The new branch is now located at Shop Number 31-33 at Sam Levy’s Village with the entrance facing Piers Road.

By The Independent Feb. 13, 2022