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Electricals and Tech News

It’s Black Fry-day! Demand for Air Fryers boosts Black Friday sales

Expectations for a good Black Friday weekend have been high in the consumer technology, durables and homewares markets which have had a challenging 2023 so far.... View Article
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AO raises full year profit guidance

AO raises full year profit guidance

21 November 2023 by Angela Beevers

AO World has raised its full year profit guidance following a return to profit in its first half. In the six months to 30 September, the... View Article

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Miele signs for final retail unit at One Berkeley Street

Miele signs for final retail unit at One Berkeley Street

20 November 2023 by Angela Beevers

Crosstree Real Estate Partners, the London based private real estate investment firm, has announced that domestic appliance brand Miele has signed for the final retail unit... View Article

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Currys to sell Kotsovolos

Currys to sell Kotsovolos

03 November 2023 by Angela Beevers

Currys is to sell its entire business in Greece and Cyprus to Public Power Corporation for £175 million. The move follows a strategic review of the... View Article

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Marks Electrical posts strong half year trading

Marks Electrical posts strong half year trading

12 October 2023 by Angela Beevers

Marks Electrical has posted strong half year trading with revenue growth of 24.8% to £53.9 million. In the six months to 30 September, the retailer benefited... View Article

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AO is making sport accessible for almost half a million kids

AO is making sport accessible for almost half a million kids

11 October 2023 by Natalie Fresen

Major electricals retailer AO has announced further investment in growing its brand through commercial sponsorships which also includes funding grassroots team sports for young people. Over... View Article

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Currys to recruit for over 1,100 vacancies ahead of peak trading period

Currys to recruit for over 1,100 vacancies ahead of peak trading period

25 September 2023 by Angela Beevers

Currys is to create over 1,100 new roles during this year’s festive trading period. The technology and electricals retailer is now recruiting for 720 temporary positions... View Article

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Currys maintains guidance despite dip in sales

Currys maintains guidance despite dip in sales

07 September 2023 by Angela Beevers

Electricals retailer Currys is maintaining its full-year guidance despite an overall 4% drop in sales in the four months to the end of August. In a... View Article

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Telefunken acquired by Gordon Brothers

Telefunken acquired by Gordon Brothers

15 August 2023 by Angela Beevers

Advisory and investment firm Gordon Brothers has acquired the Telefunken global consumer electronics brand. Based in Frankfurt, Telefunken offers a diverse portfolio of products spanning video,... View Article

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Marks Electrical makes strong start to new financial year

Marks Electrical makes strong start to new financial year

10 August 2023 by Angela Beevers

Marks Electrical has reported strong trading in the first four months of its new financial year with revenue growth of 30.7% to £36.2 million. In a... View Article

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