The owner of Currys and PC World, DSG International, posted a 6% fall in first-quarter sales today and revealed it has sold its Polish operations for €1 ... more
John Browett, chief executive of Currys, Dixons and PC World owner DSG International, said the group would "emerge from the recession with a compelling offer for customers"... more
Bankers have pocketed just over £9 million in fees for arranging a £310 million fundraising exercise for troubled electricals retailer DSG International... more
BSkyB has boasted it is recession-proof, but not everyone in the City is convinced. That's why its shares took a pasting today, falling 19½p to 466½p to make it one of the worst-performing Footsie 100 stocks... more
Retail: Britain's biggest electrical retailer DSG International sank deeper into the mire as shoppers cut back spending on big-ticket items and wait to buy computers and TVs
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Let's hope Marks & Spencer boss Sir Stuart Rose has a very merry Christmas because it is unlikely to be a prosperous New Year for the best-known name on the High Street... more
The response of London stock-market investors to the Federal Reserve's move to cut rates to within a range of between zero and a quarter point was far less enthusiastic than that of their counterparts on Wall Street overnight.... more
Could electrical retailer DSG International go bust? Some in the City have begun to pose this question as analysts scramble to put a value on the company... more
Retail: Currys and PC World owner DSG International reported a sharp downturn in sales at both chains and in its Continental European arms as consumer confidence slumps... more
The banking sector was suffering from a bad case of hypocrisy today. Royal Bank of Scotland has cut its rating on Barclays from hold to sell and slashed its target from 475p to 300p. ... more
DSG International is retraining 20,000 of its in-store sales staff in an attempt to radically improve service and save itself from widely predicted doom... more
Afternoon:
8°c
