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Pepkor Acquires Retailability, Expanding Store Network to 1,448

11/5/2025

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Story summary
  • Pepkor Holdings completed the acquisition of Retailability’s businesses, including clothing chains Legit, Swagga, Style, and homeware brand Boardmans, for about R1.7 billion, effective November 2, 2025.
  • The deal expands Pepkor's reach by adding 469 stores to its 979-store base and strengthens its wear offerings, led by the Legit brand.
  • Retailability will retain the Edgars and Red Square brands under the transaction.
  • All regulatory approvals have been secured for the transaction.