Lewis Group's portfolio of well-established brands offers investors exposure across southern Africa's retail customer market.
The board believes the following factors motivate an investment case for Lewis Group and should support competitive long-term returns for shareholders despite the challenging macro-economic conditions that affect the Group.
1
Business model
1
Business model
Our strategy is executed through a decentralised store-based operating model supported by sophisticated, technology-driven controls, demonstrating its resilience through all economic cycles.
2
Retail environment
2
Retail environment
We have well positioned brands to gain market share across all market segments through our extensive retail footprint, credit offering and exclusive merchandise.
3
Extensive and expanding retail footprint
3
Extensive and expanding retail footprint
Continuing the expansion of our store base, with a target to open at least 20 stores across the traditional brands annually, leveraging our existing 976 urban and rural stores in Southern Africa.
4
Exclusive merchandise
4
Exclusive merchandise
We retail differentiated, exclusive and quality merchandise that appeals to the needs of specific markets, sourced locally and offshore across the supply chain to ensure optimal stock management.
5
Customer loyalty and engagement
5
Customer loyalty and engagement
Generated goodwill through high levels of brand awareness and customer trust supported by an extensive social media following.
6
Credit risk management
6
Credit risk management
We employ sophisticated, centralised credit-granting systems to ensure quality credit risk management, a strategic advantage when coupled with our extensive expertise in managing credit risk.
7
Capital management strategy
7
Capital management strategy
We have delivered an average annual return to shareholders of 17.0% over the past five years, with a robust balance sheet and commitment to reinvestment for growth.
8
Leadership team
8
Leadership team
Our highly experienced and stable executive team averages 21 years’ of service with the Group and has led the business successfully through previous economic downturns.
1
Business model
+
Business model
Our strategy is executed through a decentralised store-based operating model supported by sophisticated, technology-driven controls, demonstrating its resilience through all economic cycles.
2
Retail environment
+
Retail environment
We have well positioned brands to gain market share across all market segments through our extensive retail footprint, credit offering and exclusive merchandise.
3
Extensive and expanding retail footprint
+
Extensive and expanding retail footprint
Continuing the expansion of our store base, with a target to open at least 20 stores across the traditional brands annually, leveraging our existing 976 urban and rural stores in Southern Africa.
4
Exclusive merchandise
+
Exclusive merchandise
We retail differentiated, exclusive and quality merchandise that appeals to the needs of specific markets, sourced locally and offshore across the supply chain to ensure optimal stock management.
5
Customer loyalty and engagement
+
Customer loyalty and engagement
Generated goodwill through high levels of brand awareness and customer trust supported by an extensive social media following.
6
Credit risk management
+
Credit risk management
We employ sophisticated, centralised credit-granting systems to ensure quality credit risk management, a strategic advantage when coupled with our extensive expertise in managing credit risk.
7
Capital management strategy
+
Capital management strategy
We have delivered an average annual return to shareholders of 17.0% over the past five years, with a robust balance sheet and commitment to reinvestment for growth.
8
Leadership team
+
Leadership team
Our highly experienced and stable executive team averages 21 years’ of service with the Group and has led the business successfully through previous economic downturns.
