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Kingfisher Plc
Kingfisher plc is a British multinational retailing company headquartered in London, England. It has over 1,300 stores in nine countries, and its brands include B&Q, Castorama, Brico Dépôt and Screwfix. Kingfisher is listed on the London Stock Exchange, and is a constituent of the FTSE 100 Index. History The company was founded in 1982 as Paternoster Stores Ltd, to conduct a buyout of the British Woolworths chain. In March 1983, Paternoster changed its name to Woolworth Holdings plc. Woolworths already owned B&Q, and the company expanded through subsequent acquisitions of companies such as Superdrug and Comet. The business acquired Screwfix in July 1999, which is now the United Kingdom's largest multi channel retailer of trade tools, accessories and hardware products. The company was led from January 1984, until his retirement in December 2002, by Sir Geoffrey Mulcahy. Largely through his influence, the company became the major sponsor of British sailor Ellen MacA ...
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Public Limited Company
A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth jurisdictions, and the Republic of Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a PLC may also be privately held, often by another PLC), with a minimum share capital of £50,000 and usually with the letters PLC after its name. Similar companies in the United States are called ''publicly traded companies''. Public limited companies will also have a separate legal identity. A PLC can be either an unlisted or listed company on the stock exchanges. In the United Kingdom, a public limited company usually must include the words "public limited company" or the abbreviation "PLC" or "plc" at the end and as part of the legal company name. Welsh companies may instead choose to end their names with , an abbreviation for '. However, some public limited companies (mostly nationali ...
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Wegert
Wegert was an electricals company in Germany which specialized in white goods. Latterly, Wegert was a wholly owned subsidiary of Kesa Electricals plc, although most of its lifespan was spent in Kingfisher plc Kingfisher plc is a British multinational retailing company headquartered in London, England. It has over 1,300 stores in nine countries, and its brands include B&Q, Castorama, Brico Dépôt and Screwfix. Kingfisher is listed on the London .... The stores were closed down in 2003 due to declining sales. {{Kingfisher Plc Electronics companies of Germany Retail companies of Germany Retail companies disestablished in 2003 Entertainment companies of Germany Defunct companies of Germany ...
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Kingfisher Plc
Kingfisher plc is a British multinational retailing company headquartered in London, England. It has over 1,300 stores in nine countries, and its brands include B&Q, Castorama, Brico Dépôt and Screwfix. Kingfisher is listed on the London Stock Exchange, and is a constituent of the FTSE 100 Index. History The company was founded in 1982 as Paternoster Stores Ltd, to conduct a buyout of the British Woolworths chain. In March 1983, Paternoster changed its name to Woolworth Holdings plc. Woolworths already owned B&Q, and the company expanded through subsequent acquisitions of companies such as Superdrug and Comet. The business acquired Screwfix in July 1999, which is now the United Kingdom's largest multi channel retailer of trade tools, accessories and hardware products. The company was led from January 1984, until his retirement in December 2002, by Sir Geoffrey Mulcahy. Largely through his influence, the company became the major sponsor of British sailor Ellen MacA ...
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Music And Video Club
Music and Video Club or MVC was a British entertainment retailer which sold DVDs, VHS, audio cassettes, video games, and CDs of popular and specialist titles. At its peak, the company operated 82 stores in the United Kingdom, and also sold products over the internet. The company closed in January 2006, after entering into administration. History MVC was founded by former Our Price directors, who left after W H Smith bought the company. It was bought by Kingfisher plc in 1993, which later spun it off as part of the Woolworths chain in July 2005. In August 2005, MVC was sold to venture capital company Argyle Partners for £5.5 million. In December 2005, however, it entered administration with Kroll. In January 2006, 41 MVC stores were bought by competitor Music Zone. On 25 January 2007, Music Zone also went into administration. 67 former Music Zone stores were taken over by music and book retailer Fopp Fopp may refer to: * "Fopp" (song), a 1975 song by the Ohio Players fro ...
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Al-Futtaim Group
The Al-Futtaim Group ( ar, مجموعة الفطيم, Majmouat al-Futtaim) is a large conglomerate based in Dubai, United Arab Emirates. History The group was founded in the 1930s and expanded rapidly in the 1940s and 1950s becoming an integrated commercial, industrial, and services organization. The Al-Futtaim family split its business interests in 2000 with Abdulla Al Futtaim controlling the automotive and mainly retail business, and his cousin Majid controlling a property development business (now known as Majid Al Futtaim Group). In September 2013, the group bid $86 million to take full control of the Nairobi-based car retailer CMC Holdings. Operations Al-Futtaim Group employs over 44,000 people and operates eight divisions comprising automotive, electronics, insurance, services, real estate, retail, industries, and overseas. Sheikh Mohammed bin Rashid Al Maktoum mediated a settlement between Abdulla Al Futtaim and his rival, cousin Majid Al Futtaim, in 2000 which split the ...
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Thierry Garnier
Thierry Garnier is a French businessman, chief executive officer (CEO) of Kingfisher, a UK based retail group, since September 2019. Early life Garnier earned degrees from École Polytechnique and École des Mines. Career Garnier worked for Carrefour for 22 years, rising to CEO of Carrefour Asia from 2012, and was responsible for over 350 stores in China and Taiwan, with 55,000 employees, and gross sales of over €6 billion. In September 2019, Garnier succeeded Véronique Laury as CEO of Kingfisher plc, a FTSE 100 The Financial Times Stock Exchange 100 Index, also called the FTSE 100 Index, FTSE 100, FTSE, or, informally, the "Footsie" , is a share index of the 100 companies listed on the London Stock Exchange with (in principle) the highest marke ... British multinational retail company. References 1966 births Living people French chief executives Kingfisher plc People from Asnières-sur-Seine Lycée Condorcet alumni École Polytechnique alumni ...
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Daniel Bernard (businessman)
Daniel Camille Bernard (born 1946) is a French businessman, the former chairman of Kingfisher plc. Early life Daniel Camille Bernard was born in February 1946. Career Bernard was chairman and CEO of Carrefour from 1992 to 2005. Bernard was the chairman of Kingfisher plc from June 2009, having been deputy chairman since May 2006. He is president of Provestis, his own investment company, and since January 2010, chairman of MAF Retail Group, Dubai. He is senior advisor of TowerBrook Capital Partners since October 2010. He is a non-executive director of Capgemini Capgemini SE is a multinational information technology (IT) services and consulting company, headquartered in Paris, France. History Capgemini was founded by Serge Kampf in 1967 as an enterprise management and data processing company. The comp ..., and honorary chairman of the HEC Business School Foundation in Paris and a member of HEC's advisory board. In June 2017, Bernard was succeeded by Andy Cosslett as chairma ...
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Andy Cosslett
Andrew Peter Cosslett, (born 14 April 1955) is a British businessman and chairman of the Rugby Football Union, and Kingfisher plc. He is also an operating partner at Advent International, and a trustee of Shooting Star Chase, a children's hospice charity. Previously he was the CEO of InterContinental Hotels Group (IHG), and was succeeded by Richard Solomons. Early life Andrew Peter Cosslett was born in April 1955 in Whalley Range, Manchester and grew up in Withington. He earned a bachelor's degree in economics and a master's degree in European Studies from the University of Manchester. Career Cosslet began his business career in 1979 as a graduate trainee selling Wall's ice cream and spent 11 years with Unilever becoming a marketing director, before joining Cadbury Schweppes in 1990. He then spent 14 years at Cadbury Schweppes in a number of senior roles, including chairman, Cadbury Schweppes Australia; CEO of the Asia Pacific confectionery business; managing director ...
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Véronique Laury
Véronique Laury (born 29 June 1965) is a French businesswoman, was chief executive officer (CEO) of Kingfisher, a UK based retail group, from February 2015 to September 2019. In March 2019, it was announced that Laury would leave Kingfisher at a date to be announced following the failure of her "One Kingfisher" recovery plan and a 52.8% drop in pre-tax profits. Early life Véronique Laury was born on 29 June 1965. She attended the Sciences Po, the Paris Institute of Political Studies, or ''Institut d'études politiques de Paris'' (IEP). Career She spent fifteen years at Leroy Merlin in France. Kingfisher In September 2014, it was announced that Laury would replace Ian Cheshire as CEO of Kingfisher plc, a FTSE 100 British multinational retail company from February 2015. Laury has worked at Castorama, a subsidiary of Kingfisher, for eleven years, including roles at B&Q. Personal life She is also known as Veronique Laury-Deroubaix. She has a daughter and two sons, and lives i ...
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Euan Sutherland
Euan Sutherland is a Scottish businessman who was the Chief Executive of SuperGroup plc which owns the Superdry chain of clothing shops. On 11 December 2019 it was announced he will take over as CEO of the over-50s insurance company, Saga. He took up his role on 6 January 2020. Career After training in marketing with Coca-Cola, he worked in marketing a retail management positions with Mars Confectionery, Matalan, Currys and Superdrug. He then joined Kingfisher plc, rising to the position of chief operating officer. Co-operative Group Touted as a replacement for Kingfisher CEO Ian Cheshire, he joined the Co-operative Group in April 2013, taking over from Peter Marks as chief executive. Due to inadequate capital levels in its banking group, Moody's downgraded the bank's credit rating by six notches to junk status (Ba3) and the bank's chief executive Barry Tootell resigned. The difficulties stemmed largely from the commercial loans of the Britannia Building Society, acqui ...
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Ian Cheshire (businessman)
Sir Ian Michael Cheshire (born 6 August 1959) is a British businessman, formerly chairman of Barclays UK, the ring-fenced UK subsidiary of Barclays. He stepped down on 1 January 2021 and was succeeded by Crawford Gillies. He is lead non-executive director for the Cabinet Office board, campaign chairman of Heads Together, chair of The Prince of Wales's Charitable Fund, chair of the independent charity, the Food, Farming and Countryside Commission, and a trustee of The Institute for Government. He was previously chief executive (CEO) of Kingfisher plc, a British multinational retailing company, and was chairman of the British department store chain Debenhams from 2016 to 2019. Education Cheshire was educated at The King's School, Canterbury, and graduated in economics and law from Christ's College, Cambridge in 1980. Career Cheshire's first job was with Boston Consulting Group, before working for Guinness, as Ernest Saunders' executive assistant, and Sears, before joining Kingf ...
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Kesa Electricals
Groupe Fnac Darty, formerly Kesa Electricals plc, Darty plc and Darty Limited, is a multinational retail company headquartered in Ivry-sur-Seine, France. It was formerly a public limited company (PLC) listed on the London Stock Exchange, until it was merged with Fnac in 2016 and subsequently moved the listing to Euronext Paris. History In 1957, the Darty family – the father and his three sons, Natan, Marcel and Bernard – managed a small store of textiles. The Darty brothers started to sell stock and, to attract customers, they left the goods on the pavement. Within a few days, the stock was sold. In 1967, the Darty brothers transferred to a larger warehouse. In 1988, the company proceeded with the repurchase of the business by its employees through a management buyout. The operation was a success, since 90 per cent of employees participated, taking control of 56 per cent of the capital. By the end of 1988, Darty had opened its 100th store. In 1993, Darty was acquired by ...
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