Tag: owner

B&Q owner sees sales soar in lockdown DIY boom

Image copyright Getty Images Sales of paint, wallpaper, plants and compost have soared during lockdown, the owner of B&Q and Screwfix has said. Kingfisher said people had been doing more DIY than usual, as like-for-like sales jumped by 21.6% in the three months to 18 July. Store re-openings also boosted revenue, while online sales more than tripled. Kingfisher’s UK stores,… Read more →

British Gas owner plans to launch cheaper energy rival

Image copyright Broitish Gas x The UK’s biggest household energy supplier, British Gas, will soon face competition from a new, cheaper supplier from its own stable. Parent Centrica has been trialling a digital-only “challenger” brand under the name British Gas X amid the highly competitive world of energy supply. The company has been shedding customers and this month said it… Read more →

Emma Watson joins board of Gucci owner Kering

Image copyright Getty Images Image caption Emma Watson campaigns for environmental causes British actor and activist Emma Watson has joined the board of French fashion giant Kering, owner of the Gucci label. The Harry Potter star, a well-known supporter of eco-friendly fashion, will chair Kering’s sustainability committee after shareholders backed the move. Kering has faced criticism over its sustainability record.… Read more →