SA’s largest non-food retailer Edcon is set to reduce its size further with the sale of its 104-store Edgars Active and High Key chain to Cape Town-based retailer Footgear for an undisclosed amount.

Footgear – backed by Old Mutual Private Equity (OMPE), has acquired the Edgars Active and High Key chain stores, divisions of the Edcon Group, and retailers of branded sport and lifestyle footwear, ...

Old Mutual’s private equity arm is backing a plan by Footgear to buy a unit of Edcon in southern Africa to create one of the region’s largest sports and casual wear businesses. Footgear plans to ...

Old Mutual Private Equity (OMPE), the direct private equity investing arm of Old Mutual Alternative Investments, has announced the acquisition of a majority interest in Footgear, a South African ...

The Competition Tribunal has approved a merger which will see Edcon selling its Edgars Active and High Key chain stores to Footgear. The Tribunal said in a statement on Thursday that Edcon CEO Grand ...

Old Mutual Private Equity announced on Wednesday that its investing arm, Old Mutual Alternative Investments, had concluded the acquisition of a majority interest in local footwear retailer Footgear ...