South African retailer asks New York court to recognise compromise
Edgars department store in Cape Town (Credit: iStock.com/HenriqueNDRMartins)
The South African clothes retailer Edcon, whose department stores are home to concessions of well-known brands such as Calvin Klein, Victoria's Secret Beauty and Dr Martens, has applied to a New York bankruptcy court to obtain recognition of its Johannesburg compromise proceedings.
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