Edgars’ owner buys Tread and Miller, Keedo

The Keedo deal adds 20 stores across seven provinces to Retailability’s portfolio.

Keedo was previously owned by one of South Africa’s largest unlisted clothing retailers, Cape Union Mart. Image: Supplied

Edgars’ owner Retailability has gone on an acquisition spree, buying up Tread and Miller and children’s clothing retailer Keedo, in a sign the once troubled ‘red store’ is firmly back to profitability.

Retailability CEO Norman Drieselmann confirmed to Moneyweb that the group has acquired Tread and Miller, a high-quality footwear and accessories retailer which shuttered its doors in January.

“I can confirm that we’ve bought Tread and Miller as well, a brand from Cape Union [Mart],” he said, adding that the companies were in discussions about the “carve out process,” of the brand’s separation from its former parent.

The values of the deals remain undisclosed.

“We’re quite excited about bringing these South African brands, especially Tread and Miller, back into the retail market, like we did with Aca Joe,” Drieselmann said.

This week, Retailability also announced that it has acquired Keedo.

The acquisitions are amongst the retail group’s largest since it rescued Edgars from the brink of collapse in 2020 when it was thrust into business rescue. 

Last year, alongside Aca Joe, it brought Hilton Weiner, Urban and Veritgo back into its Edgars stores.

The acquisition of Keedo, which was also previously owned by Cape Union Mart, one of South Africa’s biggest unlisted clothing retailers, will see Retailability add 20 stores to its network.

Keedo’s stores are located in Gauteng, Polokwane, Nelspruit, Durban, Pietermaritzburg, East London and Cape Town. 

Kids clothing

Since it opened its doors in 1993, Keedo (founded by Nelia Annandale) has grown its brand to become synonymous with quality children’s clothing. 

During the inception of the brand, Annandale was inspired by her twins to develop a product that would “serve the children of the world”, the company said.

Speaking about the new addition to Retailability’s stable, Drieselmann said Keedo is a wonderful fit to the company’s portfolio, which already has the likes of Legit, Swagga, Beaver Canoe, Style and Edgars Beauty.

“Our core focus is on creating good value for our fashion-conscious customers, without compromising on quality and this acquisition allows us to deliver on that intent,” Drieselmann said.

“I am truly excited to welcome this great South African brand into our group,” he added.

Drieselmann said the addition of Keedo reinforces Retailability’s strategy, that is focused on supporting and building local brands.  

“We continue to strive to serve all South Africans with affordable, good quality fashion,” he said.

Edgars turnaround

Having safely steered the ship at the once beleaguered Edgars, the company now plans to use its muscle of turning brands around to grow Keedo.

“We remain optimistic about retail in Africa and this investment is another sign of that mindset,” Drieselmann said.

The Durban-headquartered retail group, founded in 1984, has a footprint of more than 580 stores across Southern Africa, of which its core base is in South Africa. Its stores are also spread across Namibia, Botswana, Lesotho and Eswatini.

Part of the group’s core strategy is delivering authentic and affordable fashion and beauty to the markets in which it operates.

Get South Africa’s latest entrepreneurial or business success stories delivered right to your inbox — Sign up to Entrepreneur Hub SA’s newsletter today 

eBook: 50 South African Entrepreneurs Reveal HOW THEY MADE IT

103 Comments

  • It’s appropriate time to make some plans for the future and it’s time to be happy.
    I have read this post and if I could I want to suggest you some
    interesting things or tips. Maybe you can write next articles
    referring to this article. I wish to read even more things about it!

  • Hi there, You have done an excellent job. I’ll certainly digg it and personally suggest to my friends.
    I’m sure they will be benefited from this site.

  • Pretty part of content. I just stumbled upon your site and in accession capital to claim that I get in fact
    enjoyed account your weblog posts. Any way I’ll be
    subscribing on your augment and even I success you access constantly quickly.

  • Thank you for the good writeup. It in reality used to be a entertainment account it.
    Glance complex to far added agreeable from you!
    By the way, how can we be in contact?

  • We are a group of volunteers and starting a new scheme in our community.
    Your website offered us with valuable information to work on. You have done an impressive job and
    our whole community will be thankful to you.

  • I do trust all of the ideas you have presented for your post.
    They are very convincing and can definitely work. Still, the posts are very quick for starters.
    May you please extend them a little from subsequent time?
    Thanks for the post.

  • Do you mind if I quote a few of your posts as long as I provide credit and sources back to your website?
    My blog is in the exact same niche as yours and my users would definitely benefit from a lot
    of the information you provide here. Please let me know if this okay with you.
    Cheers!

  • Amazing blog! Is your theme custom made or did you
    download it from somewhere? A theme like yours with a few simple adjustements would really make my
    blog jump out. Please let me know where you got your theme.
    Kudos

  • Yesterday, while I was at work, my sister stole
    my iPad and tested to see if it can survive a
    forty foot drop, just so she can be a youtube sensation. My apple ipad is now broken and she has
    83 views. I know this is totally off topic but I had to share it with someone!

  • I got this website from my pal who informed me on the
    topic of this web site and at the moment this
    time I am browsing this web site and reading very informative posts at
    this time.

  • Write more, thats all I have to say. Literally, it seems as though you relied on the video to
    make your point. You obviously know what youre talking about, why waste your intelligence on just posting videos to
    your blog when you could be giving us something informative
    to read?

  • With havin so much written content do you ever run into any problems
    of plagorism or copyright infringement? My blog has a lot of exclusive content I’ve either authored myself or outsourced but it seems a lot of it is popping it up all over the internet
    without my permission. Do you know any techniques to help prevent content from being stolen? I’d genuinely appreciate it.

  • It’s a shame you don’t have a donate button! I’d certainly donate to this superb blog!
    I suppose for now i’ll settle for book-marking and adding your RSS feed to
    my Google account. I look forward to brand new updates and will share this site with my Facebook group.
    Chat soon!

  • My brother suggested I might like this web site. He was totally right.

    This publish truly made my day. You can not believe simply how a lot time I had spent for this
    information! Thanks!

  • I really love your website.. Great colors & theme. Did you develop this web site yourself?
    Please reply back as I’m planning to create my own blog and would love to find out where you got this from or
    exactly what the theme is called. Kudos!

  • Definitely consider that that you said. Your favorite justification seemed
    to be on the web the easiest factor to have in mind of. I
    say to you, I definitely get annoyed while other folks think about issues that they just do not understand about.
    You managed to hit the nail upon the highest as well as defined
    out the entire thing with no need side effect , other people could take a signal.
    Will probably be back to get more. Thank you

  • Hi i am kavin, its my first occasion to commenting anywhere, when i read this piece of writing
    i thought i could also make comment due to this brilliant piece
    of writing.

  • Great web site you have got here.. It’s difficult to find quality writing like yours nowadays.
    I honestly appreciate people like you! Take care!!

  • Whats up are using WordPress for your site platform? I’m new
    to the blog world but I’m trying to get started
    and create my own. Do you require any coding expertise to
    make your own blog? Any help would be really appreciated!

  • Hey! Do you know if they make any plugins to help with SEO?
    I’m trying to get my blog to rank for some targeted keywords but I’m not seeing very
    good success. If you know of any please share. Appreciate it!

  • Please let me know if you’re looking for a writer for your
    blog. You have some really good posts and I think I would be a good asset.
    If you ever want to take some of the load off, I’d love
    to write some material for your blog in exchange for a link back to mine.
    Please blast me an email if interested. Cheers!

  • hey there and thank you for your information – I have certainly picked up anything new from right here.
    I did however expertise some technical issues using this
    website, as I experienced to reload the site a lot of times previous
    to I could get it to load correctly. I had been wondering if your web hosting is OK?
    Not that I’m complaining, but sluggish loading instances times will
    very frequently affect your placement in google and could damage
    your high quality score if ads and marketing with
    Adwords. Well I’m adding this RSS to my e-mail and could
    look out for much more of your respective intriguing content.
    Make sure you update this again soon.

  • Wonderful beat ! I wish to apprentice while
    you amend your site, how can i subscribe for a blog website?
    The account helped me a acceptable deal. I had
    been a little bit acquainted of this your broadcast provided bright clear concept

  • I do agree with all of the concepts you have introduced for your post.

    They’re very convincing and can certainly work. Nonetheless, the
    posts are too short for starters. May just you please extend them a little from subsequent time?
    Thank you for the post.

  • I really like what you guys tend to be up too. Such clever work and exposure!
    Keep up the terrific works guys I’ve included you guys to our blogroll.

  • I’m gone to convey my little brother, that he should also visit this webpage on regular basis to take updated from most up-to-date reports.

  • Magnificent goods from you, man. I’ve understand
    your stuff previous to and you’re just too magnificent.
    I really like what you have acquired here, really like what
    you’re saying and the way in which you say it.
    You make it entertaining and you still take care of to keep it sensible.
    I cant wait to read much more from you. This is actually a wonderful web site.

  • My partner and I stumbled over here from a different page and thought
    I should check things out. I like what I see so now i’m following you.

    Look forward to looking over your web page again.

  • Greate article. Keep posting such kind of information on your site.
    Im really impressed by your site.
    Hey there, You have performed a fantastic job. I’ll definitely digg
    it and in my view suggest to my friends. I’m confident they will be benefited from this site.

  • Hey I know this is off topic but I was wondering if you knew of any
    widgets I could add to my blog that automatically tweet my newest twitter updates.
    I’ve been looking for a plug-in like this for quite some time and was hoping maybe
    you would have some experience with something like this.
    Please let me know if you run into anything. I truly enjoy reading your blog and I look forward to
    your new updates.

  • Heya! I just wanted to ask if you ever have any problems
    with hackers? My last blog (wordpress) was hacked and I ended up losing several
    weeks of hard work due to no data backup. Do you have any methods to protect against hackers?

  • Heya! I realize this is somewhat off-topic however I had to ask.
    Does running a well-established blog like yours take a massive amount work?
    I am completely new to blogging but I do write
    in my journal every day. I’d like to start a blog so I can share my experience and views online.

    Please let me know if you have any kind of suggestions or tips for new aspiring
    blog owners. Thankyou!

  • Hello! I know this is kinda off topic but I was wondering if you knew where I could find a captcha plugin for my comment form?

    I’m using the same blog platform as yours and I’m having problems finding
    one? Thanks a lot!

  • I’m not sure where you are getting your information, but great topic.
    I needs to spend some time learning more or understanding more.

    Thanks for great information I was looking for this information for my mission.

  • I blog frequently and I genuinely thank you for your information. This great article has really peaked my interest.

    I will take a note of your website and keep checking for new information about once per week.
    I subscribed to your Feed as well.

  • I think this is among the most important info for me. And i’m glad reading your article.
    But wanna remark on some general things, The website style is great, the articles
    is really excellent : D. Good job, cheers

  • Heya i am for the primary time here. I found this board and I to
    find It really helpful & it helped me out much. I am hoping to offer one thing back and help others like you helped me.

  • Hey There. I found your blog using msn. This is a very well written article.
    I’ll be sure to bookmark it and return to read more
    of your useful information. Thanks for the post.
    I will definitely comeback.

  • Outstanding post however , I was wondering if you could write a litte
    more on this subject? I’d be very grateful if you could elaborate a little bit further.
    Cheers!

  • I think this is among the such a lot vital information for me.
    And i am satisfied reading your article. But wanna commentary on few basic issues, The web site style is perfect,
    the articles is in reality excellent : D. Just right process, cheers

  • Can I just say what a comfort to uncover someone that truly knows what they
    are discussing on the internet. You actually know how to bring an issue to
    light and make it important. A lot more people should read this and understand
    this side of the story. I can’t believe you aren’t more popular since you definitely possess the gift.

  • Hi! I just wanted to ask if you ever have any problems with hackers?

    My last blog (wordpress) was hacked and I ended
    up losing a few months of hard work due to no data backup.
    Do you have any methods to protect against hackers?

  • Greetings from Carolina! I’m bored at work so I decided to
    browse your website on my iphone during lunch break.
    I really like the information you present here and can’t wait to take a look
    when I get home. I’m amazed at how quick your blog loaded on my cell phone
    .. I’m not even using WIFI, just 3G .. Anyways, amazing blog!

  • Excellent beat ! I would like to apprentice even as you amend your web site, how can i subscribe for a blog website?
    The account helped me a appropriate deal. I have been tiny bit familiar
    of this your broadcast provided vivid clear idea

  • That is really fascinating, You are an overly
    professional blogger. I’ve joined your rss feed and stay up
    for seeking extra of your excellent post. Additionally, I’ve shared your site in my social networks

  • When I initially commented I clicked the “Notify me when new comments are added” checkbox and now each
    time a comment is added I get four e-mails with the same comment.
    Is there any way you can remove me from that service?

    Bless you!

  • Hey there! I know this is kinda off topic but I was wondering
    if you knew where I could locate a captcha plugin for my comment form?
    I’m using the same blog platform as yours and I’m having trouble finding one?
    Thanks a lot!

  • An outstanding share! I’ve just forwarded this onto a co-worker who had
    been doing a little research on this. And he actually bought me lunch due to
    the fact that I stumbled upon it for him… lol. So let me
    reword this…. Thank YOU for the meal!! But yeah, thanks for spending some time to talk about this issue
    here on your website.

  • What’s Going down i’m new to this, I stumbled upon this I’ve found
    It positively useful and it has helped me out loads. I’m hoping to give a contribution & help different users like
    its helped me. Good job.

  • What i don’t understood is in fact how you are no
    longer really a lot more well-appreciated than you might be now.
    You’re very intelligent. You know thus significantly in the
    case of this subject, made me in my view believe it
    from a lot of numerous angles. Its like men and women aren’t involved until it is
    something to accomplish with Lady gaga! Your individual stuffs great.
    At all times maintain it up!

  • Definitely imagine that that you said. Your favorite
    justification appeared to be at the net the simplest thing to take note of.
    I say to you, I definitely get annoyed at the same time as
    people consider concerns that they just don’t recognize about.
    You controlled to hit the nail upon the highest as well as outlined out
    the whole thing without having side-effects , people could take a signal.

    Will probably be back to get more. Thanks

  • Great web site you’ve got here.. It’s hard to find good
    quality writing like yours nowadays. I honestly appreciate
    people like you! Take care!!

  • We absolutely love your blog and find most of your post’s
    to be just what I’m looking for. Does one offer guest
    writers to write content for you personally? I wouldn’t mind creating a post or elaborating
    on a few of the subjects you write related to here.
    Again, awesome web site!

  • hello there and thank you for your information – I have definitely
    picked up something new from right here. I did however expertise some technical points using this web
    site, since I experienced to reload the web site
    a lot of times previous to I could get it to load properly.
    I had been wondering if your web host is OK? Not that I’m complaining, but sluggish loading instances times will often affect your placement in google and could damage your
    high-quality score if ads and marketing with Adwords.
    Anyway I am adding this RSS to my email and could look
    out for a lot more of your respective intriguing content.

    Ensure that you update this again very soon.

  • I have been browsing on-line more than three hours as of late, but I by no means found any
    interesting article like yours. It is lovely worth sufficient for me.
    In my view, if all webmasters and bloggers made excellent content as you did, the web
    shall be a lot more helpful than ever before.

  • It’s really a nice and helpful piece of info.
    I’m glad that you just shared this useful information with us.

    Please stay us informed like this. Thanks for sharing.

  • My family members always say that I am killing my time here at web, but I know I am getting
    knowledge every day by reading such fastidious posts.

  • What i don’t understood is actually how you’re no longer really a lot more
    smartly-liked than you may be right now. You are very intelligent.
    You already know therefore considerably in terms of this subject,
    produced me personally imagine it from so many various angles.

    Its like women and men are not fascinated until it is one thing to accomplish with Woman gaga!
    Your individual stuffs excellent. All the time handle it up!

  • Yesterday, while I was at work, my cousin stole my iPad and tested to see if it can survive
    a thirty foot drop, just so she can be a youtube sensation. My
    iPad is now destroyed and she has 83 views. I know this is entirely off topic but I had to share it with someone!

  • Thank you for the good writeup. It if truth be told was a leisure account it.
    Look advanced to far brought agreeable from you!
    However, how can we be in contact?

  • I’ve been exploring for a little for any high quality articles or blog posts in this sort of house .
    Exploring in Yahoo I eventually stumbled upon this site.
    Studying this information So i’m happy to convey that I’ve a very just right uncanny feeling I discovered just what I needed.

    I most for sure will make sure to do not forget this website
    and provides it a look regularly.

  • Wow, amazing weblog layout! How lengthy have you ever been blogging for?
    you made running a blog look easy. The overall look of your website is excellent,
    as neatly as the content material!

  • Hi terrific website! Does running a blog similar to this
    require a large amount of work? I have virtually no understanding of coding
    however I was hoping to start my own blog in the near future.

    Anyways, should you have any recommendations or tips for new
    blog owners please share. I understand this
    is off subject but I just needed to ask. Cheers!

  • Hey there would you mind letting me know which webhost you’re utilizing?

    I’ve loaded your blog in 3 different internet browsers and I must say this blog loads a lot quicker then most.
    Can you recommend a good web hosting provider at a reasonable price?
    Cheers, I appreciate it!

  • Good day! Would you mind if I share your blog with my facebook group?
    There’s a lot of folks that I think would really appreciate your content.
    Please let me know. Thanks

  • Hi there just wanted to give you a brief
    heads up and let you know a few of the pictures aren’t loading correctly.
    I’m not sure why but I think its a linking issue. I’ve tried it in two different browsers and
    both show the same outcome.

  • Pretty section of content. I simply stumbled upon your blog
    and in accession capital to claim that I acquire actually enjoyed account your weblog posts.
    Anyway I will be subscribing to your feeds and even I fulfillment
    you get right of entry to constantly quickly.

  • Hello just wanted to give you a quick heads up and let you know a few
    of the images aren’t loading correctly. I’m not sure why
    but I think its a linking issue. I’ve tried it in two different
    web browsers and both show the same results.

  • It’s remarkable to visit this website and reading the views
    of all mates regarding this paragraph, while I am also keen of getting know-how.

Leave a Reply

Your email address will not be published. Required fields are marked *