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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

Govt urges retailers to strengthen linkages

These reforms and other policy interventions spurred the country towards the US$8 billion manufacturing and commercial sector that was achieved at the end of 2023, she noted.
By Margaret Lubinda Mar. 12, 2024

Edgars donates to Jairos Jiri

Edgars Carousel managing director Menfree Tanyanyiwa said the donation was part of their corporate social responsibility programme as Edgars sought to make a difference.
By Innocent Magondo Mar. 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

Edgars bullish on turnaround strategy

This comes at a time when most clothing retailers have had to move away from selling strictly on a credit basis to a hybrid model of credit/cash as forex disparities persist.
By Melody Chikono Dec. 19, 2023

New Edgars boss dreams big

Mushosho is a Fellow Chartered Accountant Zimbabwe with over 20 years of multi-national experience in cross-functional management.
By Mthandazo Nyoni Nov. 17, 2023