Topps Tiles hits back after major shareholder calls out ‘costly blunders’ Retail Topps Tiles has hit back after a major shareholder called for an overall of its top team and strategy following a series of “costly blunders”. The London-listed company has issued a statement in the wake of the managing director of Austrian investment company MS Galleon, Piotr Lipko, writing to Topps Tiles’ chair Paul Forman last [...]
Topps Tiles sales drop again as ‘weaker’ market reflects reluctance for DIY Retail Group sales for London-listed Topps Tiles dropped for the year as the consumer retail brand battled through a "weaker" market.
Topps Tiles acquires CTD brand and assets out of administration for £9m Business FTSE-listed Topps Tiles has acquired CTD Tiles out of administration for £9m as it looks to enter the housebuilding segment. The purchase included CTD Tiles’ brands, 30 stores, selected stock and customer data, Topps said. CTD, which supplied tiles to the retail, trade and commercial markets, entered administration on 19 August after a wider downturn [...]
Topps Tiles’ sales continue to fall as homeowners steer clear of ‘big ticket’ DIY July 3, 2024 The London-listed Topps Tiles Group has seen sales drop year-on-year as it says demand for big-ticket home projects remains low amid a "challenging" macroenvironment.
Londonmetric sells off £30m of former LXi assets following ‘mega-merger’ May 30, 2024 Property firm Londonmetric has sold more than £30m worth of retail units, including an Asda supermarket and two former Cazoo showrooms.
Topps Tiles blames lower footfall and weak spending for sales slump April 3, 2024 Topps Tiles has blamed lower footfall in stores and a slowdown in spending on big ticket items for a slide in sales in the first half of the year.