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South African clothing retailer Pepkor acquires 469 stores from Retailability
Yahoo Finance· 2025-11-05 22:44
Pepkor Holdings, a clothing retailer in South Africa, has purchased several fashion brands from Retailability in a deal worth around R1.7bn ($97.22m). As part of the agreement, Pepkor has taken ownership of the Legit, Swagga, Style and Boardmans brands, adding 469 outlets to its operations. The acquisition increases Pepkor’s total store network to more than 1,000 locations. Having obtained all regulatory approvals, the transaction became effective on 2 November 2025. Pepkor said that the Legit, Swagga ...