>>
Home / Knowledge / News / Fashion / Fashion & clothing retailer Edcon registers steep rise in sales and profits

Fashion & clothing retailer Edcon registers steep rise in sales and profits

18
May '05
Major fashion and clothing retailer of South Africa, Edgars Consolidated Stores announced rise in annual profits by 68 percent.

Announcing a windfall for shareholders on Wednesday, retail sales revenue jumped 29 percent to 13.59 billion rand.

Edcon runs 700 stores under 9 trading banners. Dealing mainly in apparel and footwear, the company also sell cosmetics, books, stationery, home fashions and general merchandise. As a biggest credit retailer in Southern Africa, the company has over 3.5 million active accounts. Edcon employs 20,000 employees.


Must ReadView All

Pic: Dong Nhat Huy / Shutterstock.com

Textiles | On 17th Jan 2022

Vietnamese parliament approves economic stimulus package for recovery

The first extraordinary session of Vietnam’s 15th National Assembly...

Pic: Dreamstime.com

Textiles | On 17th Jan 2022

Industrial production up by 2.3% in euro area, 2.5% in EU: Eurostat

In November 2021, the seasonally adjusted industrial production rose...

Pic: Shutterstock

Textiles | On 17th Jan 2022

Inflation in China tame in 2021 amid stable economy

China's inflation largely remained tame throughout 2021—barring a...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Great step towards realising end goal of 'AtmaNirbhar Bharat'

Textile Industry, Head honchos

Textile Industry
Head honchos

Liquidity is a primary issue in Indian context

India-EU Summit, Representatives

India-EU Summit
Representatives

India-EU FTA will provide EU with better access to a huge & rapidly...

Shivaani Jain,

Shivaani Jain

Established in 2015, Once Upon A Trunk is a one-stop-shop with almost...

Richard Armitage,

Richard Armitage

Adaptive Control automates, controls and monitors machines, systems and...

Kishina Daruka and Mishika Daruka,

Kishina Daruka and Mishika Daruka

Headquartered in Kolkata, India, sustainable clothing brand Ora was...

Johann-Philipp Dilo, Dilo Group

Johann-Philipp Dilo
Dilo Group

German company Dilo Group is one of the leading equipment suppliers of...

Ingo Soller, TWE Group

Ingo Soller
TWE Group

The TWE Group is one of the leading global players in the nonwovens...

Christopher Astley, INDA

Christopher Astley
INDA

<font face="Arial, sans-serif"><span style="font-size: 16px;">INDA,...

Asmita Marwa, Asmita Marwa Design

Asmita Marwa
Asmita Marwa Design

Indian fashion designer Asmita Marwa has been rated by Vogue as one of the ...

Samant Chauhan, Label Samant Chauhan

Samant Chauhan
Label Samant Chauhan

Delhi based fashion designer, <b>Samant Chauhan</b> who mostly works on...

Raghavendra Rathore, Label Raghavendra Rathore Jodhpur

Raghavendra Rathore
Label Raghavendra Rathore Jodhpur

Being one of the first designers to use the "Brand India" positioning for...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments

ESTEEMED CLIENTS

J ;& P Coats
Amazon China
Babyshop
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
SHAHI Exports Pvt Ltd
KIABI
Tchibo GmbH
Brandix Lanka Limited
Reiter India Private Limited
Groz-Beckert East Asia LLP
Gap International Sourcing Limited
Chori Company Limited
The LYCRA Company Singapore  Pte. Ltd
Phong Phu international JSC (PPJ)
T.T. Limited
IDH – The Sustainable Trade Initiative
Truetzschler India Private Limited
Desigual - ABASIC, S.A.

January 2022

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search