Dixons Carphone hails bigger than ever Black Friday as profits beat forecasts December 16, 2015 Dixons Carphone shares climbed three per cent higher this morning after the high street electricals giant beat City expectations with a 23 per cent jump in first-half profits. The FTSE 100 company, which trades as Currys, PC World and Carphone Warehouse in the UK and Ireland, said strong performance in the UK helped it outperform the [...]
Former HBOS non-executive directors including then-chairman Lord Stevenson and Sir Charles Dunstone slam FCA report November 19, 2015 Former non-executive directors of HBOS have put out a statement condemning a report by the Financial Conduct and Prudential Regulation Authorities today, saying they disagree with a number of the conclusions. In a statement from law firm Ashurst, former non-execs including Lord Stevenson, the bank's chairman between 2005 and 2008, said the report "downplays the unforeseen [...]
Dixons Carphone to launch mobile service for Internet of Things plans through Hutchison Whampoa’s Three February 1, 2015 Dixons Carphone is the latest to jump into the mobile ring with plans to launch its own mobile service to customers. The retailer has made an agreement with Hutchison Whampoa, the owner of mobile network Three, to provide a mobile service to its customers who are increasingly buying connected devices. Dixons Carphone previously outlined its [...]
The digital high street: Dixons and Carphone Warehouse confirm merger May 15, 2014 Dixons Retail, the owner of Currys and PC World, and Carphone Warehouse have announced they are to merge into a new company, called "Dixons Carphone". The £3.8bn deal will see ownership split equally between the two firms' existing shareholders. The companies are set make cost savings of £80m per year by 2018. If [...]
Carphone Warehouse cyber attack leaves 2.4m customers at risk of data breach August 10, 2015 Up to 2.4m Carphone Warehouse customers may have had personal details accessed by hackers in a massive cyber attack. Read more: Carphone hikes dividends as it smashes forecasts The retailer said that encrypted credit card details of up to 90,000 customers may have been part of data taken on 5 August. The IT systems division of [...]
Dixons Carphone hikes dividends as it smashes forecasts July 16, 2015 It seems Dixons Carphone is reaping the benefits of being the UK's last electronics retailer standing, after full-year profits smashed expectations. The figures Formed by a merger of electronics giant Dixons and mobile phone retailer Carphone Warehouse last year, the company has gone from strength to strength since its creation. Results for the 13 months [...]
Dixons Carphone share price rises after announcing US expansion with Sprint Corporation July 2, 2015 Dixons Carphone is heading across the pond. The group's Connected World Services division has teamed up with American telecoms company Sprint with plans to open up to 500 stores across the States. Read more: Dixons Carphone ups full-year profit forecast Chief executive Sebastian James has already been named the most powerful person in British retailing, and [...]
Dixons Carphone share price dips after massive data breach leaves 2.4m customers at risk August 10, 2015 Shares in Dixons Carphone, the company behind Carphone Warehouse, which over the weekend admitted it had been targeted in a "sophisticated" cyber attack which left 2.4m customers' payment details vulnerable, fell 1.7 per cent to 448.26p as the market opened. However, they later regained some of those losses, rising to 450p, 1.3 per cent lower than Friday's [...]
Sir Charles Dunstone’s Freston Road Investment to bring US pizza chain MoD to UK after Five Guys success September 14, 2015 Sir Charles Dunstone has moved from backing burger joints to pizza chains after striking a joint venture agreement to bring US restaurant chain MOD Pizza to Britain. MoD, which stands for Made on Demand, allows customers to pile as many toppings as they want on their artisan-style pizza base for the same fixed price. It [...]
Dixons on track for strong first year of profits July 12, 2015 DIXONS Carphone is on track to post a strong rise in profits in its first full-year results since Dixons Retail and Carphone Warehouse merged to create a £5.1bn powerhouse last year. The electrical goods and mobile phone retailer is expected to report profits at the top end of its previously forecast range of £355m to [...]