As the world slowly returns back to work - have we learned anything? Will we change our lives? asks Melanie Verwoerd.
Morning clouds. Cool.
Edcon is currently in a battle for survival.
Liberty Two Degrees says it adjusted the value of its tiny portion of Edcon on its books – by more than 30% – because it is being prudent and conservative, but Edgars stores are actually "meeting expectations."
Edcon joined in the Nelson Mandela Centenary celebrations by creating memorabilia that included clothing items – and one of those lines is now deeply discounted.
South African retail giant, Edcon, is selling its shareholding in its Zimbabwe based clothing chain Edgars to Mauritius incorporated entity SSCG Africa Holdings, as the struggling group realigns operations to stay afloat.
A rescue deal has been struck, saving one of SA’s largest retailers but impacting listed property, writes finweek journalist Glenda Williams.
Edcon has 30 000 employees, a supply chain that includes 750 companies and floor space that accounts for a 10th of the occupancy in the country’s biggest shopping malls, the most of any company.
SwellendamPetrus Swart Landboudienste (Pty) Ltd
Cape TownCrayonR10 000.00 - R15 000.00 Per Month
Cape TownHire ResolveR650 000.00 - R750 000.00 Per Year
R 6 900 000
R 4 250 000
R 8 500 000
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