THE RETAIL BULLETIN - The home of retail news
Home Page
News Categories
Christmas Ads
Commentary
Department Stores
Electricals & Technology
Entertainment
Fashion
Food & Drink
General Merchandise
Grocery
Health & Beauty
Home & DIY
Interviews
People Matter
Property
Retail Business Strategy
Retail News
Retail Solutions
Shopping Centres, High Streets & Retail Parks
Sports & Leisure
Retail Events
People in Retail Awards 2023
Retail HR Central
Digital Transformation Strategy 2023
Retail Marketplace Strategy
Retail HR 2023
THE Retail Conference 2023
Customer Engagement Strategy 2023
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
DFS may consider a private equity bid

Gatemore Capital Management has been building a significant stake in furniture chain DFS. Sky News has reported that Gatemore Capital Management notified its fund investors last… View Article

HOME & DIY

DFS may consider a private equity bid

Gatemore Capital Management has been building a significant stake in furniture chain DFS.

Sky News has reported that Gatemore Capital Management notified its fund investors last month that it had begun building a stake in DFS, which has yet to be publicly disclosed. It is expected that the national furniture retailer could present a good takeover target for private equity investors.

DFS shares have risen by around 30 per cent over the past year and in its preliminary results for the Y/E 27 June 2021 advised that revenues had risen by 47.4 per cent with total group revenue reaching £1bn as compared with £724m for the previous year. Total group revenue exceeded £1bn for the first time, compared with revenues of £724m in 2020.

DFS has revealed plans to further develop the Sofology brand as well as to extend into complementary homewares categories.

DFS trades from more than 180 showrooms across the UK.

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News