Currys bidding war: Chinese retail giant JD joins race as shares soar 33 per cent February 19, 2024 Chinese retail giant JD.com is the latest firm to consider buying Currys, as its board reveals it is in the “very preliminary stages” of exploring a takeover.
Currys share price soars as profit guidance lifted after trading ‘better than expected’ May 15, 2023 Currys has lifted its prospects for the rest of the year, saying its profit before tax is expected to be £110-120m, up from previously around £104m. Shares in the retailer jumped almost six per cent to 59.45p following the announcement this morning, to their highest level since early April. Currys, which sells everything from computers [...]
Currys’ share price up after ‘better-than-expected’ Christmas trading January 18, 2023 Currys’ share price has spiked more than seven per cent, after it told investors this morning its Christmas profits were better than expected. The technology retailer reported better than forecast profits over the Christmas period, with sales in the UK offsetting a slow down in Scandinavia. The company said UK trade rose in the 10 [...]
‘This clearly shows the absurdity of UK stock market valuations’: Currys urged to accept offer that values it at over £1bn March 5, 2024 Currys should accept a takeover offer that would value the company at more than £1bn, according to one of its shareholders.
Sale launch strong defence of Curry as England star handed 50th cap amid Mbonambi race row October 25, 2023 Sale Sharks have issued a strong statement in support of their England international Tom Curry, who is at the centre of a race row involving South Africa hooker Bongi Mbonambi. In a powerful statement, Sale said: “Sale Sharks’ owners, players, coaches and staff are absolutely appalled by the nature and level of disgusting abuse directed [...]
Amazon getting ‘free ride’ from UK retailers, Currys boss claims December 5, 2022 Amazon is getting a “free ride” from UK retailers by using the country’s infrastructure while swerving taxes, the head of high street electronics retailer Currys said yesterday. Alex Baldock told the BBC’s Sunday with Laura Kuenssberg show Amazon “appear[s] to play by different rules than those of us who actually pay some tax”. The online [...]
Tom Curry fiasco: Fans must let due process run its course and refrain from launching vile attacks October 26, 2023 Far too much of this week’s X (formerly Twitter) timeline was full of abuse towards England flanker Tom Curry, for following through what he thought was a racial slur directed towards him and reporting it – something we should encourage. During Saturday’s Rugby World Cup match between England and South Africa, which the Springboks won [...]
Currys told to ditch price lock by shareholder to increase margins July 31, 2022 Currys has been told to ditch its “price lock” commitment and make goods more expensive by a veteran hedge fund manager amid the cost of living crisis. Crispin Odey, who holds a substantial stake in the firm, said “freezers and washing machines are going to have to be more expensive as they are currently being [...]
Frasers Group: What Mike Ashley’s retail empire’s endgame could be after Boohoo, Asos, Currys, AO and N Brown investments January 19, 2024 City AM's UK Editor Jon Robinson asks why Frasers Group has continued increasing its stakes in the likes of Boohoo and Asos and what the endgame could be.
Currys commits to price freeze as full year profits jump July 7, 2022 Electrical retailer Currys committed to a price freeze on dozens of products today as it reported a jump in profits to £126m for the full year.