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
10h ago
‘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
New Edgars shareholders make sweeping changes
Ndlovu has been with the group for 11 years, having joined in 2012 as group accountant. Vundla took responsibility of the finance department in 2021.
By Mthandazo Nyoni
Oct. 31, 2023
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
