HARARE – Edgars Stores Limited Zimbabwe has resolved to acquire 15 million shares for $1,5 million from parent company Edcon, allowing it to de-merge from the struggling holding company. This comes after South Africa’s biggest clothing retailer Edcon — which owns Edgars, Jet, CNA and other brands — had been struggling after losing market share…
Edgars demerges from parent company Edcon
