Press Release

KEY HIGHLIGHTS Edgars Stores HY2022 Financial Results Presentation

Chairman’s report Directors responsibility for the Integrated Annual Report The Directors of Edgars Stores Limited are responsible for the preparation and fair presentation of the Group’s consolidated financial statements. The reviewed interim consolidated condensed financial statements have been prepared in accordance with International Financial Reporting Standards (IFRS), in the manner required by the Companies and […]

Directors responsibility for the Integrated Annual Report The Directors of Edgars Stores Limited are responsible for the preparation and fair presentation of the Group’s consolidated financial statements. The audited consolidated financial statements have been prepared in accordance with International Financial Reporting Standards (IFRS), in the manner required by the Companies and Other Business Entities Act […]

Notice is hereby given that the 73rd Annual General Meeting of members will be held virtually at https://escrowagm.com/eagmZim/Login.aspx on Thursday 25 August 2022 at 08:30 hours. Following is the Agenda for the meeting:- Ordinary Business Voting Proxies NOTE: In terms of section 171 of the Companies and Other Business Entities Act (Chapter 24:31), a member […]

Chairman’s Statement Directors responsibility for the Integrated Annual ReportThe Directors of Edgars Stores Limited are responsible for the preparation and fair presentation of the Group’s consolidated financial statements. This press release represents an extract thereof. The audited financial statements have been prepared in accordance with International Financial Reporting Standards (IFRS), in the manner required by […]

Edgars Stores Limited would like to advise shareholders that the Company will not be able to publish year end results for the 52 weeks ended 09 January 2022 by the 31st of May 2022 per the ZSE listing rules. The delay has been as a result of several areas of the audit remaining outstanding which have […]

Appointment: Mr Christo Claassen CA (SA) Mr C. Claassen was appointed to the board as an independent non-executive director, effective 1 March 2022. Christo is currently the Founder and CEO of Fortuna Investment Holdings (Cape Town), an investment holding company that focuses on investment in consumer-facing businesses. He is a qualified chartered accountant and also […]

OPERATING ENVIRONMENT The Quarter ended 10 April 2022 was characterised by an increase in inflation levels from 60.7% in December 2021 to 72.7% in March 2022. The rise in inflation has resulted in an increase in operating costs, with occupancy, employment, fuel and the cost of transacting being some of the significant costs that are […]

In pursuit of fulfilment of the Edgars Stores Limited growth, Jet Stores opened its 32nd branch at the corner of First Street and George Silundika Harare, on Friday, 25 February 2022. Renowned for offering feel good fashion for the whole family, the store features Jet’s unrivalled mix of trendy inhouse clothing brands for women, men and kids. Our staple brands […]

Edgars Zimbabwe has relocated its Borrowdale branch to a bigger and more accommodating location at Sam Levy Village. This is in line with the retail giant’s strategy of opening new stores. Sporting new, refreshed  designs, the high end fashion giant, Edgars’ Borrowdale branch is now  located at Shop Number 31-33 at Sam Levy’s Village with the entrance […]

Leading fashion and lifestyle retailer, Edgars Stores ends the year on a high note as it opens new concept store at Avondale Shopping Centre, Harare. The reigning fashion retailer will debut the new branch on Friday 29th of October 2021. The Avondale store is unlike the other 25 branches across the country, its a deviation from the usual […]

Jet is slated to open its 29th store in Mutoko on Friday 10th of September 2021 – making it the 2nd branch to be opened this year. We are excited about this addition to our geographical footprint as it reinforces and accelerates the availability of the Jet range of products across the country. This new branch will […]

In a very exciting development for the brand, Jet Stores has increased its store footprint by opening a new branch in Harare, on the 23rd of April 2021, located in the city centre at the corner of Leopold Takawira and Kwame Nkrumah. Utilising the most of floor and wall space, the refurbishment is geared towards maximising clients’ […]

STAY SAFE; STAY WELL – COVID 19 LEVEL 5 LOCKDOWN BUSINESS IMPLICATIONS Dear Valued Customer, Compliments of the New Year! The Government announced lockdown provisions in a statement issued by theVice President and Minister of Health; Honorable Chiwenga advising the country is going into lockdown with effect from 5 January 2021 as a means to […]

We are living in unprecedented times where the imperative is to contain the Covid-19 virus whilst continuing with essential economic activities to keep the country afloat. Under Level 2 Lockdown, our stores remain open to ensure you have access to our products and essential financial services. These health and safety measures are not only being […]

Edgars Stores Limited would like to advise shareholders that the Group will not be able to publish its year end results for the 52 weeks ended 05 January 2020 by the 30th of April 2020 as previously announced. The delay has been a result of the restrictions brought about by the “Covid-19 pandemic”, induced lock […]