Archive for September 2010

Edgars set for US$39m turnover

24 September 2010 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 ...

EDGARS releases the 2010 interim results

24 September 2010 The Directors of Edgars Stores (Zimbabwe) Limited are pleased to announce the release of their 2010 interim financial results for the 25 weeks ended 3 July 2010. Below is an extracts from the results: Commentary - Customer Focus The Edgars brand is a household name and, over the ...

Credit helps grow sales at Edgars stores

20 September 2010 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 standing Chairman Themba Sibanda said the group had worked relentlessly to restore ...

Edgars bounces back

19 September 2010 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, ...