新聞Edcon sold assets to Retailability Ltd on Aug 31st '20.South African retail chain Edcon has signed an agreement to sell parts of its business to private equity-backed Retailability Ltd, administrators in charge of its restructuring said on Monday.
新聞Edcon sells assets to Foschini Group in the amount of $6.39M.The Foschini Group has put in an offer to acquire 371 Jet Stores, from Edcon, in a deal worth R480 million.
新聞Edcon closed offices in Rosebank Mall on Jan 1st '20.Edcon has shut its underperforming two-floor Edgars store in the popular Rosebank Mall as the retailer struggles to return to profitability.
