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Articles about Dsg International

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HCL moves in at DSG International

Indian giant HCL Technologies has clinched a massive outsourcing deal with DSG International - six months after the retailer’s plans to outsource internal IT support to LogicaCMG collapsed. HCL described the deal as “a multi-year, multi-service, multi-million dollar (and for all we know multi-storey) co-sourcing deal” covering …
Team Register, 19 Jan 2006
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DSG 'consults' on future of French operation

DSG International has put its French PC City operation on notice, after kicking off a “consultation process” ahead of the reorganization of its Gallic assets. The electronics giant said “promotional restrictions” and a “competitive property market” make it increasingly difficult to achieve scale and brand awareness. In a bid …
Joe Fay, 23 Feb 2007
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DSG results hit by sunshine

Dixons Store Group (DSG) said sales were hit by the unseasonally sunny weather in April and problems in France and Italy. For the year ended 28 April 2007, Dixons Store Group saw total sales grow 14 per cent or four per cent like for like. John Clare, group chief executive of DSG, said he was pleased with progress during a …
John Oates, 17 May 2007
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DSG speeds up Euro expansion

DSG international plc is stepping up its expansion into Central Europe. The UK-based retail outfit, formerly known as Dixons, is to open an Electro World store in Warsaw tomorrow with a second store due to open in Poland before Christmas. Electro World is also accelerating its store opening plan for Central Europe with plans …
Tim Richardson, 19 Oct 2005
Warning: two way

DSG computing sales up, profits down

The increasing popularity of laptops helped deflate margins at DSG international's computing operation, the firm revealed in its full year results today. The electronics group turned in full year revenues of £7.9bn for the year to 28 April, up 14 per cent on the year. Pre-tax profits were £114.1m, down on the previous year's £ …
Joe Fay, 20 Jun 2007
Warning: two way

DSG hires Tesco man as new chief exec

Retail giant DSG has poached Tesco's operations development boss John Browett who is to join the firm as its new group chief executive. He will fill the hole left by John Clare who announced last week that he will be retiring in September after 22 years with the retailer, which owns Currys and PC World. Browett was previously …
Kelly Fiveash, 07 Jun 2007
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DSG could offload The Link - report

DSG International could be about to offload its troubled mobile phone business to cellco O2. The Link is a joint venture between DSG (60 per cent) and O2 (40 per cent) and has been dogged by speculation about its future for months. The Guardian reports that an announcement could be made as early as this week when DSG - which …
Tim Richardson, 19 Jun 2006
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Busy day at DSG HQ

Electrical retailing giant DSG said it has identified "a significant fraud operation" at its Paris-based Fotovista warehouse. French police are investigating what DSG has described as "an isolated incident", and several arrests at the warehouse have already been made. DSG, which is Europe's biggest electrical retailer and …
Kelly Fiveash, 30 Mar 2007
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World Cup gives hope to DSG

The upcoming World Cup is providing a fillip for the sale of electrical goods as fans prepare to settle down and watch the event on brand spanking new high definition and flat screen TVs. So says DSG International, the electrical retailer formerly known as Dixons, which reported that its UK business delivered a "satisfactory …
Team Register, 10 May 2006
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DSG gets Seasonal blues

Bosses at DSG International - the electrical retailers with companies including Dixons, Currys and PC World - are in need of some festive cheer after reporting that the run-up to the Christmas period remains tough. Like-for-like sales for the whole group in the 28 weeks to November 12 were down 3 per cent with its UK outlets …
Tim Richardson, 23 Nov 2005
PC World

Big TVs and small computers turn on DSG

Big screen TVs had the edge over laptop PCs when it came to picking customers’ wallets last year latest figures from PC World parent DSG International show. Overall sales at the electronics giant were up 14 per cent to £3.8bn in the six months to November 11, with profit before tax coming in at £78.9m, down on last year’s £105. …
Joe Fay, 18 Jan 2007
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Dixons sales ain't all that

DSGi shares fell very slightly this morning after the company said trading had held steady in the three months ended 24 July. The retailer grew sales by three per cent thanks to strong sales of big tellies in the run up to the football World Cup and an exclusive deal on early iPad sales. It said market share grew in the UK and …
John Oates, 02 Sep 2010
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Dixons Store Group loses head

Dixons Store Group (DSG) is losing its long-serving chief executive John Clare. Clare will leave the firm after the annual general meeting on 5 September. He is retiring after 22 years with the retailer, which included 13 as its chief executive. When Clare took over as chief exec in 1994 the main brands were PC World and The …
John Oates, 31 May 2007
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UK etailer calls self 'the last place you want to go'

Dixons, the UK electronics etailer, has a new tagline. "Dixons," its homepage reads, "the last place you want to go." See for yourself: Dixons - the last place you want to go to Countless Reg readers are questioning whether the site has been hacked - or defaced by a disgruntled employee. But the company insists the change is …
Cade Metz, 22 Dec 2009
globalisation

DSGi announces new chairman in eye of retail storm

Fraught UK electrical retailer DSG International (DSGi) has appointed John Allan as the company’s new chairman. He will succeed John Collins who announced he was hanging up his DSGi boots last June. Allan will be handed the keys to the chairman’s door when Collins retires on 2 September. Allan is the former boss of logistics …
Kelly Fiveash, 19 Jan 2009
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Dixons shares spanked after profit warning

Dixons Store Group International saw its shares fall more than 20 per cent this morning after the company admitted Christmas trading had been poor. DSG International told the London Stock Exchange today that trading was down one per cent on a like-for-like basis. Group chairman Sir John Collins said: "Like for like sales were …
John Oates, 03 Jan 2008
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Dixons renames itself Dixons

DSGi shares are up slightly this morning after the retail group posted results for the year at the top end of expectations. In the year ended 31 May 2010 DSGi, owner of PC World and Currys, made sales of £8,531.6m, up four per cent on last year or two per cent like-for-like. Pre-tax profit was up 61 per cent to £90.5m. In the …
John Oates, 24 Jun 2010
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Dixons blames PC World for falling sales

Dixons Store Group saw sales fall six per cent in the last quarter, despite good progress in sexing up its stores. DSG international, owner of PC World and Currys, did worse on its home turf - UK computing sales fell 17 per cent, in sterling, in the sixteen weeks ended 22 August 2009. The firm said reformatting of stores and a …
John Oates, 02 Sep 2009
globalisation

Dixons cuts off Norse to right base

Dixons shares jumped nearly 12 per cent today on news that it has started cutting its Nordic stores and is considering a rights issue to speed the rest of the restructure. Dixons Store Group International confirmed that it is going ahead with plans to close stores in Sweden and Finland and rebrand its remaining outlets. But the …
John Oates, 06 Apr 2009
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DSGi sells Hungarian biz for €1

DSG international, the UK’s biggest consumer electronics retailer, today confirmed it is selling Electro World Hungary for one euro. The soon-to-be owner is called EW Electro Retail (EWH) – could it be a management buyout? – will gain all nine stores, operations and employees. Quote time from John Browett, DSGi chief exec: "We …
Team Register, 19 May 2009
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PC World 'misled' punters over discount lappy

PC World has been ticked off for not having enough stock to meet a promotion for a cut-price laptop. The computer retailer - part of DSG International, which includes Dixons and Currys - ran a national press ad that told punters they could: "SAVE UP TO £140 ON LAPTOPS ... Packard Bell ... MODEL: R4650 ... USUAL IN-STORE PRICE £ …
Tim Richardson, 04 Jan 2006
The Register breaking news

Freetalk shuts up

Vonage has taken over the distribution and customer base formally belonging to VoIP outfit Freetalk. Freetalk was set up less than a year ago by DSG International Plc and has been flogging connections though its Dixons (or Currys, or Currys.digital, depending on when you look) High Street stores. With its acquisition, Vonage …
Bill Ray, 31 Aug 2006
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DSGi profit plummets 30%

DSG International (DSGi) saw annual profit tumble 30 per cent today, after the struggling electrical retailer was forced to cut prices to shift stock amidst a tightening of consumer spending. The firm, whose stores include Currys and PC World in the UK, Elkjop in Nordic countries and UniEuro in Italy, reported pre-tax profit and …
Kelly Fiveash, 26 Jun 2008
The Register breaking news

Carphone Warehouse shares rally with buyout rumours

Shares in Carphone Warehouse closed up 2.6 per cent on Friday after rumours that Vodafone were looking to acquire the company surfaced. The recovery made up for the drop on Thursday when sometime competitor DSG International issued a profit warning, the combination putting CPW shares about where they were last week. While the …
Bill Ray, 07 Jan 2008
globalisation

DSGi to flog The Link to O2

DSG International - Dixons to you and me - has confirmed that it is to flog its majority stake in The Link to joint venture partner O2 for around £30m. Publishing its prelims for the year to April DSGi revealed that sales in its ailing Link Communications Group were down 21 per cent at £419m. The failure to turn the business …
Tim Richardson, 21 Jun 2006
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DSGi crosses fingers on new store format

Struggling retailer DSG International (DSGi) is hoping the overhaul of its computer and electrical barns will help turn its fortunes around after it was hit with an unfavourable tax ruling by HMRC. The company said today that its new store formats for Currys and PC World in the UK pulled in gross profits between 15 per cent and …
Kelly Fiveash, 03 Mar 2009
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DSGi heads north to Finland

DSG international (DSGi) - the high street electricals outfit behind the likes of Dixons, Currys and PC World - is continuing to splash cash on its ambitious European expansion plans. The firm has blown €49m (£33m) on Markantalo, an electrical retailer with 26 stores in Finland. Bolted on to DSGi's existing Finnish operations …
Tim Richardson, 09 Jan 2006
The Register breaking news

Dixons hails birth of 'Son of Freeserve'

Dixons has cut the ribbon on its new VoIP service claiming it is the "most significant development in the telephone market since the launch of the mobile phone". The launch of Freetalk - from the same people that introduced ISP Freeserve - comes as little surprise since details of the VoIP service have already been leaked. From …
Tim Richardson, 27 Sep 2005
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Sales slide at PC World, Currys

DSG International (DSGi) shares fell nine per cent this morning following the retail giant’s second profit warning in under four months. The firm’s CEO John Browett issued a statement today in which he admitted that customer demand in the UK and Ireland has been “lower than expected, with a negative impact on margins”. He told …
Kelly Fiveash, 10 Apr 2008
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Dixons plays down The Link sale speculation

Dixons has played down reports that it would be happy to flog its majority stake in mobile phone outfit The Link. The Link is owned by Dixons (60 per cent) and mobile operator O2 (40 per cent). Press reports today suggested that chief exec John Clare would be "open to offers" for someone to buy Dixons' 60 per cent stake in the …
Tim Richardson, 08 Sep 2005

PC World parent awaits FTSE 100 relegation

Retail mammoth DSG International (DSGi) looks set to spectacularly tumble out of the FTSE 100 today losing its status as one of the biggest PLCs in the UK. The firm, which owns Dixons, Currys, and PC World, admitted last month that it had overstocked laptops that failed to subsequently fly off the shelves. It also recently …
Kelly Fiveash, 12 Dec 2007

PC World says death to floppies

PC World’s marketing department declared the death of the floppy disk yesterday, generating a wave of publicity that even rivalled Bill Gates’ touting of Vista. The chain said it would eject floppies once it has cleared existing stock. It reckons that by the summer, none of the laptops or PCs it sells will actually include …
Joe Fay, 31 Jan 2007
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PC World, Currys staff to be dumped in DSGi rescue plan?

Hundreds of PC World and Currys staff could see the job axe swing on Thursday (15 May) when the stores’ owner DSG International (DSGi) announces its latest trading statement and strategy review. DSGi is understood to be closing 200 of its 700 stores as well as considering switching its outlets to a new superstore format, …
Kelly Fiveash, 12 May 2008
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Ads watchdog bites PC World

The Advertising Standards Authority (ASA) has slapped PC World for advertising product on TV that it was unable to supply to customers because of lack of stocks. The UK retail chain, part of DSG International, has been told not to show the ad on TV again. This is the second time this year the ASA has chastised PC World on the …
Tony Smith, 12 Apr 2006
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Northgate, Dixons rocked by oil depot blast

The HQ of IT services outfit Northgate Information Solutions has been seriously damaged following yesterday's massive blast at the Buncefield oil depot in Hemel Hempstead. Four Northgate employees were on-site at the time of the explosion which happened shortly after 6.00am Sunday morning, blowing out windows for miles around …
Tim Richardson, 12 Dec 2005
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Dixons preps corporate makeover

Dixons - the UK high street electrical retailer - is to change its name as part of a corporate makeover. Now that the company operates in 13 European countries, is eyeing further expansion and has a string of different brands including PC World, Elkjop and Kotsovolos, it seems calling the firm "Dixons Group plc" is "no longer …
Tim Richardson, 22 Jun 2005