Who owns Edcon now?
Bain CapitalK20164702… (South Africa) Limited
Edcon Limited/Parent organizations
Is Edgars part of Edcon?
Edgars was founded in Johannesburg, South Africa in 1929. As part of Edcon, Edgars was included in an ill-fated buyout by U.S. private equity firm Bain Capital Private Equity LP in 2007, which burdened the parent company with debt just as the economy hit a downturn following the global financial crisis.
Where is Edcon situated?
Johannesburg
Edcon
Type | Public |
---|---|
Headquarters | Johannesburg, CBD Bree street,Johannesburg , South Africa |
Products | Clothing, footwear, accessories, sporting goods |
Services | clothing retail, homeware retail, stationery retail |
Revenue | R28.7 billion |
Which company took over Edgars?
In September 2020, Retailability owned just more than 460 Beaver Canoe, Legit and Style clothing stores in Namibia, Eswatini, SA and Botswana when it took a gamble and bought Edgars out of business rescue.
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