DSG Slammed As Finance Director Switches To Comet

DSG International suffered a fresh blow a few days ago when finance director Kevin O’Byrne jumped ship to rival retailer Kingfisher. With the share price in freefall and talk growing that DSG may be forced to merge with Comet owner Kesa, the loss of one its most senior executives will be seen as …

DSG Trading Results – Profits Fall By 30%!

Currys-owner sees profit fall 30% as retailers go through tougher times as the UK economy slows DSG International, the owner of Currys and PC World, has seen its annual pre-tax profits fall by 30% after a “challenging” year for the firm.

DSG to test ‘bigger, better Currys’

Property Week reports that DSG International is to introduce a new format to the UK, which will be similar to its eastern European Electro World brand. The retailer, known in the UK for its Currys and PC world stores, is planning to trial a new format in an existing store in the UK and aims to be…

DSG To Axe Up To 400 Jobs

As was reported in the Rumour Mill Forum a few days ago it seems to be confirmed by a report in the Times that DSG is to shed up to 400 jobs at its head office. There are no reports of further cuts at present. The new chief executive of DSG International (Currys, Dixons, PC World, Pixmania) is ex…

DSGi Gets Tough On ”Partners”

The Dixons Group (Currys, PC World, Dixons, Pixmania and others) have warned suppliers to deal with firm globally and across all channels, or they will be removed from stores. Strong words indeed. DSGi has publicly laid down the gauntlet to its partners, with the retailer’s head of international …

DSG raided as Brussels steps up Intel inquiry

The European commission raided the UK headquarters of DSG, the former Dixons, yesterday as part of its long-running anti-trust investigation into the world’s largest chipmaker, Intel. Officials from the commission, accompanied by national competition authorities, also raided Intel’s Munich head o…

Ouch… Currys & Comet Struggle

Just in case you missed it in the news this week it seems that both Dixons Stores Group (DSG) who own the Currys, Dixons, Pixmania and PC World stores among others have been sorely hit by a profit warning. Recently they dropped out the FTSE 100 and now have had a major blow to their share prices….

DSG downbeat about 2008

DSG warned today that its new chief executive will face a difficult task when he finally starts work at the electrical retailer. The company has been without a CEO since John Clare stepped down in early September. His replacement, John Browett, joins from Tesco next week after his former employer…

Currys Offer Up To £120 Off

Currys have started an offer to allow discount codes to be applied at their online store this morning until the 14th of August. The offer could allow people to actually buy products below trade prices! The discount codes are as follows in the main article.