Lewis Group Ltd (LEWJ.J)
20 Oct 2017
* ACQUISITION OF CASH FURNITURE RETAILER UNITED FURNITURE OUTLETS LTD
JOHANNESBURG, June 6 South Africa's National Credit Regulator (NCR) will appeal a tribunal ruling that cleared Lewis Group of breaching credit rules with the fees it charges customers, the NCR said on Tuesday.
JOHANNESBURG, June 5 South Africa's consumer tribunal has cleared Lewis Group of breaching credit rules with the fees it charges customers, the retailer said on Monday, avoiding a fine that could have totalled up to 10 percent of its annual sales.
BRIEF-Lewis Group granted favourable judgment in referral by National Credit Regulator to National Consumer Tribunal
* favourable judgment for lewis in referral by national credit regulator to national consumer tribunal
* Appointment of Jacques Bestbier as chief financial officer designate with effect from 1 June 2017
* Says merchandise sales for year were 2.2% lower than last year with like-for-like merchandise sales down 9.3%