Kingfisher

Today’s news in brief-17/9/24

THG (The Hut Group) has announced plans to potentially demerge its technology arm, THG Ingenuity. This move follows the group’s…

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Kingfisher HY profits improve despite weak sales

B&Q owner Kingfisher has revealed that its statutory pre-tax profits rose 2.3% to £324m for the six months ended 31…

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Today’s news in brief-17/6/24

Superdry’s shareholders have approved a restructuring plan to rescue the company from financial difficulties. This plan, following the approval of…

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Kingfisher names Bhavesh Mistry as new CFO

B&Q owner Kingfisher has announced the appointment of Bhavesh Mistry to the role of chief financial officer, with his exact…

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Today’s news in brief-13/6/24

Singapore-based fashion retailer Shein has raised prices by over a third on core items to boost revenue ahead of its…

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Kingfisher unveils new decarbonisation targets for vendors

B&Q owner Kingfisher has unveiled “ambitious” decarbonisation targets for its vendors as part of an ongoing plan to reduce carbon…

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Today’s news in brief-7/6/24

The British Independent Retailers Association (BIRA) has initiated a £1bn damages claim against Amazon on behalf of UK retailers selling…

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Dunelm non-executive director exits

Dunelm has announced that Arja Taaveniku, an independent non-executive director of the company, has informed the board of her decision…

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Today’s news in brief-21/5/24

Zuber Issa is poised to acquire the UK arm of EG Group, a move indicating the Issa brothers’ business paths…

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B&Q owner holds guidance as UK&I outperforms European arms

Kingfisher has announced that it will be maintaining its profit guidance after Q1 sales at B&Q in the UK and…

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