60% of the market in low-end segment: Edgars
The push into the low-end segment of the market comes as the second-hand clothing market has destroyed formal retailers as they cannot compete with these cheaper offerings.
By Lee Musaidzi
May. 13, 2025
Edgars to launch 20 new Express stores
The group’s expansion strategy aims to significantly increase its retail presence to compete in this space, driven by the rise of second-hand clothing traders.
By Lee Musaidzi
Jan. 31, 2025
Edgars’ Express stores a strategic move: Economists
These stores will offer new clothing items priced between US$1 and US$10, positioning Edgars to compete in a cost-sensitive market.
By Lee Musaidzi
Sep. 27, 2024
Edgars Stores invests US$1m on retooling
Edgars group chief executive officer Sevious Mushosho told businessdigest in an interview that the company was importing the machines from Germany.
By Tafadzwa Mhlanga
Jun. 28, 2024
Edgars focuses on cost-competitive pricing
In the latest annual report for the year ended January 7, 2024, Edgars chairperson Thembinkosi Sibanda said the group would also re-launch its Express shops.
By Tafadzwa Mhlanga
Jun. 25, 2024
Edgars turns over a new leaf in the clothing book!
Edgars reported that it has embarked on a retooling exercise to increase its capacity and has also started employing the best candidates in that space, even from competitors.
By Rufaro Hozheri
Jun. 7, 2024
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
Premium
Tourism industry bleeds US$40m in 90 days. . . sector-wide carnage could top US$125 million, imperilling Zim’s GDP
Local News
Jun. 6, 2025
Investors flee Lake Kariba’s collapsing eastern shoreline
Local News
By Shame Makoshori and Freeman Makopa
Jun. 6, 2025
State contractors’ payment crisis spirals into job market bloodbath... operators offload 500 workers in three months, says trade union
Local News
Jun. 6, 2025
