Press Release

EDGARS Stores Limited managing director, Mrs Linda Masterson says the company is expected to roll out an additional 11 stores following improved performances by the group in 2010. According to its financial performances for the year ending January 2011, the group posted US$1,5 million in profits attributed to an increase in sales during the festive […]

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Edgars MD Linda Masterson said the company is expecting a turnover of US$39 million for the financial year ending December 31 2010 buoyed by reduced interest bills and more account holders. According to the group’s financial statement, during the interim period ending June 30, a US$10,26 million turnover was recorded from US$1 475 million achieved […]

Edgars Stores (Zimbabwe) has reported a significant leap in sales, spurred largely by growth of its credit scheme which made a comeback after dollarisation of the crisis-torn economy last year. Restoring the brands standingChairman Themba Sibanda said the group had “worked relentlessly” to restore the Edgars brand’s standing on the market, with a turnaround having […]

Edgars Stores Limited, Zimbabwe’s leading apparel dealer, says it is now competitively positioned to recapture lost business after it secured more favourable lines of credit to fund its operations, making it possible to sustain credit initiatives. The company, which manufactures, distributes and sells clothing, footwear, textiles and accessories through a network of stores, saw a […]