Latest News

Edcon obtains bondholder consent to sell its Legit-branded businesses and facilitate the implementation of its restructuring

Johannesburg, South Africa, November 28, 2016: Edcon today announced that it had successfully concluded its previously-announced consent solicitation (the “Consent Solicitation”) process by which it sought noteholder consent to amend certain provisions of the indentures governing its super senior notes due 2019 and senior secured notes due 2018 and 2019. In order to effectuate the amendments, Edcon was required to obtain, and did obtain, the consent of noteholders representing at least a majority in aggregate principal amount of its super senior notes due 2019 and senior secured notes due 2018 and 2019, respectively.

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Edcon continues to improve its ageing inventory profile

JOHANNESBURG, South Africa – 22 November 2016: The Edcon Group’s ongoing and focused actions to improve its ageing profile of inventory leading into its peak December trading period (by launching increased clearance activities), has resulted in trading conditions during the second quarter ended 24 September 2016 continuing to be constrained.

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Latest Results

Consolidated results FY16 & Q1:FY17

Period Announcement Presentation
Consolidated results Q2:FY17 PDF 441KB] PDF [1MB]
Consolidated results FY16 & Q1:FY17 PDF [839KB] PDF [3MB]

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Our History

1929 - The first Edgars store opens its doors in Joubert Street, Johannesburg on 6 September

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Working at Edcon

People, who are action-oriented, smart, exude dynamism and savvy, thrive in a diverse environment and exploit opportunities to grow and develop...

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Interactive Five Year History

View our Financial History and Ratios and interact with trend lines for each item.

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Alerts

Stay up to date with our latest events.

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Our Stores

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, Salsa, River Island, Vince Camuto, Calvin Klein, Inglot, La Senza and Accessorize whose products, are 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. With the launch of its “Thank U” loyalty programme, Edcon now has the largest retail customer database in South Africa with more than 12 million customers, which enables it to provide customers with relevant offers across its suite of retail and financial services products; this programme includes all mono-branded stores in South Africa.

  • Edgars
  • Jet
  • CNA
  • Red Square
  • Edgars Active
  • LEGIT
  • Boardmans