{"id":264928,"date":"2025-11-04T08:27:12","date_gmt":"2025-11-04T09:27:12","guid":{"rendered":"https:\/\/www.premium-partners.net\/?p=264928"},"modified":"2025-11-04T11:17:04","modified_gmt":"2025-11-04T11:17:04","slug":"pepkors-r1-7bn-acquisition-expands-its-retail-portfolio-with-legit-and-swagga","status":"publish","type":"post","link":"https:\/\/www.premium-partners.net\/fr\/builder\/pepkors-r1-7bn-acquisition-expands-its-retail-portfolio-with-legit-and-swagga\/","title":{"rendered":"Pepkor’s R1.7bn acquisition expands its retail portfolio with Legit and Swagga"},"content":{"rendered":"

This post<\/a> was originally published on this site<\/a><\/p>

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South African retailer Pepkor Holdings said on Tuesday it has completed the acquisition of several businesses from privately held Retailability, including clothing chains Legit, Swagga, Style, and homeware brand Boardmans, in a deal valued at around R1.7 billion.<\/p>\n

The transaction, , which represents roughly 1.7% of Pepkor\u2019s market capitalisation, received all necessary regulatory and competition approvals and became effective on November 2,  2025, the company said in a statement to the Johannesburg Stock Exchange\u2019s Stock Exchange News Service (SENS).<\/p>\n

Pepkor said the acquired businesses will be integrated into its Pepkor Speciality and Pepkor Lifestyle units, adding 469 stores to its existing base of 979 speciality stores and expanding its reach in adult wear, particularly women\u2019s fashion through the Legit brand.<\/p>\n

\u201cThe successful conclusion of this transaction marks the beginning of an exciting chapter for these businesses under Pepkor\u2019s custodianship,\u201d said Tyrone Vieira, the chief executive of Pepkor Emerging Businesses. \u201cWe look forward to harnessing their strengths within the broader Pepkor ecosystem.\u201d<\/p>\n

The group, whose retail portfolio includes Pep, Ackermans and Incredible Connection, said the deal will deliver synergistic benefits, broaden its adult wear offering and support continued growth in the homeware and financial services segments.<\/p>\n

BUSINESS REPORT<\/strong><\/p>","protected":false},"excerpt":{"rendered":"

South African retailer Pepkor Holdings said on Tuesday it has completed the acquisition of several businesses from privately held Retailability, including clothing chains Legit, Swagga, Style, and homeware brand Boardmans, in a deal valued at around R1.7 billion.The transaction, , which represents roughly 1.7% of Pepkor\u2019s market capitalisation, received all necessary regulatory and competition approvals and became effective on November 2,\u00a0 2025, the company said in a statement to the Johannesburg Stock Exchange\u2019s Stock Exchange News Service (SENS).Pepkor said the acquired businesses will be integrated into its Pepkor Speciality and Pepkor Lifestyle units, adding 469 stores to its existing base of 979 speciality stores and expanding its reach in adult wear, particularly women\u2019s fashion through the Legit brand.\u201cThe successful conclusion of this transaction marks the beginning of an exciting chapter for these businesses under Pepkor\u2019s custodianship,\u201d said Tyrone Vieira, the chief executive of Pepkor Emerging Businesses. \u201cWe look forward to harnessing their strengths within the broader Pepkor ecosystem.\u201dThe group, whose retail portfolio includes Pep, Ackermans and Incredible Connection, said the deal will deliver synergistic benefits, broaden its adult wear offering and support continued growth in the homeware and financial services segments.BUSINESS REPORT<\/p>","protected":false},"author":1,"featured_media":264884,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-264928","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-builder"],"_links":{"self":[{"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/posts\/264928","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/comments?post=264928"}],"version-history":[{"count":1,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/posts\/264928\/revisions"}],"predecessor-version":[{"id":264929,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/posts\/264928\/revisions\/264929"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/media\/264884"}],"wp:attachment":[{"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/media?parent=264928"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/categories?post=264928"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/tags?post=264928"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}