Edgars Stores Limited retails a range of high-quality casualwear clothing, footwear and accessories for children, ladies and gents in branded stores in Zimbabwe. The company operates three divisions: Edgars Chain, Jet Chain and Manufacturing. Its fashion retail outlets fall under the Edgars and Jet brands, with the retail brand Express falling under Jet Stores. Edgars Stores Limited also manufacture and retail a range of locally-made clothing; acquiring the Carousel Clothing factory in 1974 and the Jeans Company in 1993. Its core business is casualwear and accessories with a subsidiary division providing funeral and hospital insurance services. Edgars Stores Limited was founded in 1946 and today, is the market leader in casualwear and accessories in Zimbabwe. Its headquarters are in Bulawayo, Zimbabwe.
Edgars Stores Limited is listed on the Zimbabwe Stock Exchange
Chief Executive Officer
Linda followed a financial career in manufacturing before joining Edgars as Group Financial Director in 1988. After joining the company, she spent the next twenty years alternating between various Edgars Directorships including Group Manufacturing Director, New Business Director and Group Corporate Services Director before being appointed to her present position in April 2010. As Group Managing Director, provides leadership and stirs the recovery and expansion strategies of the group.
Themba was appointed to the Edgars Stores Board in 2003. He holds a Bachelor of Accountancy degree and is a Chartered Accountant. He is a member of the Institute of Chartered Accountants Zimbabwe and also a non-executive director of Phoenix Consolidated Industries.
The Company has received notice from SSCG Africa Holdings Limited that it has recently concluded a transaction in which it has acquired from Edcon Limited 127,138,510 shares (through Bellfield Limited) …
CHAIRMAN’S STATEMENT FINANCIAL OVERVIEW Consumer spending was suppressed, and continues to slow down, due to depressed salaries purchasing power. The business recorded negative unit growth, with only April and May …