Haier Group wholly acquires Candy Group for €475m
Haier Group has acquired Candy Group from the Fumagalli family for €475m, with the announcement following the Chinese group unveiling plans for a potential public…
Category Archives: Industry News
Troubled Alno relaunches in UK market
Neue Alno GmbH – the company that was formed through the acquisition of Alno AG assets by investor RiverRock last year has relaunched the Alno…
Keller Kitchens release new Winchester Design
Further expanding its contemporary kitchen furniture collection, Keller Kitchens have introduced its new Winchester model. Available in silk gloss lacquer or structured lacquer, Winchester boasts…
John Lewis profits slump 99% in challenging times
John Lewis has said pre-tax profits before exceptional items for the half-year to the end of July have been all but wiped out in what…
UK homeowners rushing to finish home improvements before Brexit
New research by DiscountFlooringDepot.co.uk has found that Britons are “rushing to complete home renovations and make large furniture purchases in order to lap up pre-Brexit prices”….
Pronorm UK year-to-date german kitchen sales up 12%
German Kitchen furniture company Pronorm has reported an increase in its UK year-to-date sales of 12% compared with the same period in 2017. UK and…
Contract Kitchens supplier Nobilia GB opens new Rochdale warehouse
Contract Kitchens supplier Nobilia GB has opened its new 55,000 sq ft warehouse and head office at Kingsway Business Park in Rochdale. The Nobilia kitchens…
Homebase rescue plan voted through and approved by creditors
Homebase creditors have voted in favour of a rescue plan that will result in 42 stores closing. Some landlords had planned to vote against the…
Wren Kitchens opens ‘largest kitchen showroom in UK’
UK Kitchen retailer Wren Kitchens has opened its new showroom in Reading, which the company says is the “largest kitchen showroom in the UK”. The…
Kingfisher reports improved performance at B&Q
Kingfisher PLC– the owner of B&Q and Screwfix, has reported a 4.2% rise in like-for-like sales in the UK market for the second quarter of…