Edcon has been saved. Thousands of workers within South Africa’s largest clothing retailer, its suppliers and even landlords breathed a collective sigh of relief on Friday as the group announced that ...

A group of Edcon creditors have launched an 11th-hour high court application to halt two meetings on Monday at which a business rescue plan was due to be discussed and adopted. Durban-based Kingsgate ...

For more than 90 years, fashion retailer Edgars has been the mainstay in South Africa's high streets and the anchor tenant of choice in malls that began populating the country's landscape in later ...

In a desperate bid to stave off liquidation and the loss of up to 140,000 jobs, retail giant Edcon has held out the begging bowl, asking its landlords for a two-year 41% "rent holiday" in exchange for ...

South African retailer Edcon is battling to convince markets that its business and capital structure is sustainable in the long term. This is after two firms issued negative reports on Edcon’s capital ...

Johannesburg - Edcon said on Monday it had secured a repayment deal on debt of R7.9bn and access R1.85bn to pay down some bonds. The company, which is the biggest fashion retailer in SA, completed a ...

South African clothing retailer Edcon on Wednesday reported a 68% increase in headline earnings per share to R26,61 for the year ended April 2 2005, from R15,88 a year ago. A final dividend of 851 ...

Groundbreaking R2.7bn deal will see the PIC, through the UIF, landlords and existing secured lenders rescue the retail giant. Edcon has been saved. Thousands of workers within South Africa’s largest ...