TAK­ING A CAU­TIOUS AP­PROACH

Finweek English Edition - - INVESTMENT -

Like JD Group, Lewis is also faced with leg­isla­tive risk, with many sug­gest­ing that it has a dif­fer­ent, more per­sonal model, but I would still be very cau­tious and gen­er­ally just stay away from the sec­tor al­to­gether. to con­sider when in­vest­ing, and in the case of these two, the worst-case sce­nario seems to have come true. The group now needs to rad­i­cally change its busi­ness mod­els and as yet, we’re not see­ing much sign of that, which im­plies a very bleak fu­ture for both.

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.