Edcon is the largest non-food retailer in South Africa. We have been in operation for more than 80 years and have expanded our footprint to include over 1,400 stores through nine different store formats.
Edcon takes pleasure in announcing the appointment of Bernard (“Bernie”) Brookes as Chief Executive Officer and a member of the Board of Edcon Holdings Limited and Edcon Limited with effect from 30 September 2015.
Successful closing of Edcon's exchange offer, relating to its senior notes due 2019, immediately improves the groups' liquidity and will stabilise the
Johannesburg, South Africa, July 29, 2015: Edcon Holdings Limited has successfully concluded its exchange offer with respect to its €425,000,000 Senior Notes due 2019 (the Notes”), launched on 30 June 2015, with holders of approximately 97.3% of the Notes, or €413,699,000, having tendered their notes for settlement on 29 July 2015. Of
Our retail businesses are structured under three divisions: Edgars division, including Edgars, Boardmans, Edgars Active, Edgars Shoe Gallery, Red Square and the Group’s mono-branded stores such as Topshop Topman, Tom Tailor, Dune, Lucky, T.M. Lewin, Lipsy, Inglot, La Senza and Accessorize whose product is also available through Edgars stores, serves principally middle and upper income markets; Discount division including Jet, JetMart and Legit, serves principally middle to lower income markets; and CNA, the Group’s stationery, books, games, movies, music, hi-tech electronics and mobile retailer. The Edcon Credit and financial services division provides credit and insurance products to the Group’s customers.