Lewis Group earnings up 11% as sales growth improves
Lewis Group today reported an 11% increase in headline earnings to R372 million for the six months ended September 2012 as trading conditions in the furniture retail sector remained challenging. The...
View ArticleLewis prepares for festive season blitz – Business Day
In the competitive furniture sector where consumers’ disposable income is under pressure, Lewis Group is in a position to fight for all available sales this festive season, its CE Johan Enslin said on...
View ArticleLewis Group earnings up 14% as debtor costs well managed
Lewis Group increased headline earnings by 14% to R890 million in the year to March 2013 despite trading conditions in the furniture retail sector becoming increasingly challenging. A final dividend of...
View ArticleLewis shares rally on rise in headline earnings – Business Day
Furniture and appliances retailer Lewis Group reported a 13.6% rise in headline earnings per share for the year ended March, “which speaks to the fact that our business model is a resilient one”,...
View ArticleA good company in bad company – Moneyweb
An old fashioned business model that is based on personal contact rather than call centres and which empowers store managers to make ‘executive’ decisions appears to be paying dividends for credit...
View ArticleLewis’s A rating defies a bad sector – Business Report
Johannesburg – Furniture retailer Lewis Group was awarded a good credit rating on Friday by Global Credit Ratings for its consistent performance. Lewis received the first-time rating of A for...
View ArticleLewis Group launches R2 billion bond programme
Cape Town – Listed furniture retailer, Lewis Group, has successfully raised R500 million in its debut issue on the debt capital market. This is the first issue under Lewis Group’s R2 billion domestic...
View ArticleLewis Group delivers a competitive performance in challenging environment
Chief executive officer, Johan Enslin, said consumer spending remained under pressure from rising costs and high levels of indebtedness. “Our customers in the middle to lower income market have also...
View ArticleLewis Group maintains dividend in challenging trading environment
Lewis Group, which last week announced the planned acquisition of Beares, continued to be impacted by the slowdown in the furniture retail sector in the six months to September 2014 with headline...
View ArticleLEWIS GROUP POSTS STRONG SECOND HALF PERFORMANCE
Cape Town – Multi-brand furniture retailer Lewis Group today reported a strong second half performance for the year to March 2015 as the group gained market share in the changing competitive...
View ArticleLewis Group acquires 62 Ellerines and Beares stores in Africa
Cape Town – Lewis Group today announced the acquisition of 62 Ellerines and Beares stores in southern Africa for a purchase price of approximately R250 million. The stores are located in Botswana (25...
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Just how to Compose a for the National Honor Society
When I first started my Interesting shirt organization, my strategy that is unique was to make use of’inkjet exchanges’ as my publishing approach, just so that I possibly could develop them as and when...
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Just how to Create a Technique
As soon as has come. You happen to be about to make a crucial talk facing a large group. You walk-up, prepare yourself, start your mouth… Silence reigns the space. Here is anything for you yourself to...
View ArticleLewis group launches specialised call centre to enhance credit sales process
Cape Town – Lewis Group announced today it will be launching a specialised call centre to further enhance compliance, transparency and oversight of its in-store sales and credit application process and...
View ArticleLewis Group gets go ahead for acquisition of 30 stores in Botswana and Lesotho
Cape Town – Lewis Group has received regulatory and competition approvals for the acquisition of 20 Ellerines and Beares stores in Botswana and 10 in Lesotho. This follows the announcement in November...
View ArticleLewis Group granted approval to acquire Swaziland stores
Cape Town – Lewis Group has received the go ahead from the Swaziland competition authorities to acquire six Ellerines and Beares stores in the country. This follows the recent approvals for the...
View ArticleLewis Group completes acquisition of 57 stores in Africa
Cape Town – Lewis Group has completed the acquisition of a portfolio of 57 Ellerines and Beares stores in four southern African countries, expanding its store presence outside of South Africa to 120....
View ArticleLewis latest preliminary reviewed results for the year ended 31 March 2016
You can view the full preliminary reviewed results here.
View ArticleLewis Group maintains dividend in challenging trading environment
Lewis Group, which last week announced the planned acquisition of Beares, continued to be impacted by the slowdown in the furniture retail sector in the six months to September 2014 with headline...
View ArticleClik here to view.
Just how to Compose a for the National Honor Society
When I first started my Interesting shirt organization, my strategy that is unique was to make use of’inkjet exchanges’ as my publishing approach, just so that I possibly could develop them as and when...
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