Articles about Dsgi

UK retail wiz makes $61m by turning up at Apple

The former boss of UK retail chain Dixons found himself - almost - $61m richer on Friday as he sat down at his new desk at Apple. Filings at the SEC show that John Browett took up his new role as senior vp for retail at Apple last Friday. The filings were flagged up by MacRumours amongst others, and can be viewed at the SEC …
Joe Fay, 25 Apr 2012
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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
The Register breaking news

Best Buy UK to flog electric cars, scooters and bikes

Best Buy is majoring on "Green Tech" in its first UK superstore. The Lakeside, Thurrock store opens on 30 April and will sell electric bicycles such as the GoCycle, Ultramotor, Metro and Moore & Large's iZip brands with prices starting at £399. Best Buy will also stock the Enertia electric motorbike from August and it will …
Hard Reg, 23 Apr 2010
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Dixons celebrates shiny Christmas

DSGi - the group behind PC World and Currys - has updated the City on trading over the crucial Christmas period. For the 12 weeks ended 9 January group sales were up eight per cent with only UK computing sales showing a slight fall - down three per cent in like-for-like terms. The retailer said that Windows 7 provided a bit of …
John Oates, 14 Jan 2010
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Windows 7 saves Dixons

Dixons Store Group International credited the launch of Windows 7 with reducing its losses for the first half of the year - ahead of the all-important Christmas sales beano. DSGi said sales in the six months ended 17 October 2009 were down one per cent to £3.3bn and like-for-like sales were down four per cent overall, but up …
John Oates, 26 Nov 2009
globalisation

PC World punts Windows 7 £100 trade-in promotion

Windows 7 DSGi is betting big on Windows 7 sales with a special promotion clearly designed to convince more customers to visit the firm’s not exactly bustling PC World stores. From tomorrow PC World will be offering up to £100 off to anyone who trades in an old, working laptop for a Windows 7 machine. The High Street retailer’s …
Kelly Fiveash, 21 Oct 2009
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DSGi trims losses amidst plunging economy

DSGi management claimed to have steadied the ship as it unveiled full year figures that showed a reduced pre-tax loss on almost static sales this morning. The electronics giant, which owns the PC World chain, has had a torrid year which has seen it offload unwanted businesses across Europe, undertake a massive overhaul of its …
Joe Fay, 25 Jun 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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DSGi plans £310m rights issue

DSGi is looking to raise £310m through a rights issue to underwrite its continuing overhaul and offset a drying up of credit insurance. The placing was revealed as the firm, which owns PC World, confirmed a slide in revenues and forecast a loss for the year ending May 2 once charges for businesses it is closing are included. …
Team Register, 30 Apr 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 …
John Oates, 6 Apr 2009
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PC World cuts off Capita call centre contract

PC World owner DSGi has decided not to renew its call centre outsourcing contract with Capita and will instead bring 1,300 staff back in house. Call centres in Sheffield and Nottingham will return to the DSGi fold on September 2. The original contract, signed in 2004, is due to finish during April. The pair have signed a six …
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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 …
Kelly Fiveash, 3 Mar 2009
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DSGi denies Electro World 'up for sale' rumours

Electrical retail giant DSGi has denied a report that suggests the firm has put its unprofitable European store chain Electro World up for sale. According to the Sunday Times, DSGi, which owns PC World and Currys in the UK and has a number of well-known electrical store brands throughout Europe, is in the process of selling …
Kelly Fiveash, 10 Nov 2008

Advent 4213 HSDPA 3G-enabled netbook

Review Having dipped its toe into the netbook waters with the Advent 4211, a rebadged version of the MSI Wind, DSGi - the retailer formerly known as Dixons - has quickly jumped in with a pair of new Small, Cheap Computers: the 4212 and 4213, both based on ECS' G10IL1. Both machines are almost identical. There's one key difference: …
Tony Smith, 20 Oct 2008

Medion cuts netbook price to offer UK's cheapest rebadged Wind

Medion has cut the price of its Akoya Mini E1210 Small, Cheap Computer, making it the cheapest rebadged MSI Wind in the UK. Just about, at any rate. Medion today said from now on UK grocer Sainsbury's will be charging £279 for the E1210, though we notice that's also what Medion itself has priced the SCC at on its own online …
Tony Smith, 9 Oct 2008

Dixons stores offer own-brand HSDPA mini-laptop

DSGi, the retailer formerly known as Dixons, has extended is netbook line-up with a new model the integrates HSDPA connectivity. The Advent 4213 is based on Intel's 1.6GHz Atom N270 processor, packs in 1GB of memory and a 160GB hard drive. It has a 10.2in widescreen display, presumably with a 1024 x 600 resolution, though DSGi …
Tony Smith, 15 Sep 2008
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Dixons Group still suffering

Dixons Store Group International shares fell another five per cent this morning after the company reported poor results for the three months ended 23 August 2008. DSGI shares were trading at 50.5p, down from a year high of 160p. The interim report revealed like-for-like sales were down seven per cent and gross margins down 0. …
John Oates, 3 Sep 2008
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DSGi sharpens axe for 50 staff

Struggling electrical retail giant DSGi has told around 50 employees working at its business unit that they could lose their jobs. The company informed staff based at three sites in Borehamwood, Bury and Surbiton that the axe is hovering over workers at the reseller due to "challenging market conditions". "DSGi Business is …
Kelly Fiveash, 28 Aug 2008

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