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BrightHouse (retailer)
Caversham Finance Limited, trading as BrightHouse, was the largest rent-to-own company in the United Kingdom, with 240 stores. It was a national chain that provided home electronics, domestic appliances, household furniture, other related products on a hire purchase agreements. Cash loans were offered towards the end of the company's existence. Caversham Finance Limited was owned by private equity firm Apollo Management. In October 2017, the company was ordered by the financial regulator, the Financial Conduct Authority, to pay 249,000 customers £14.8m due to the firm not compensating customers who had cancelled agreements after one down payment and to those who signed up to "unaffordable" lending agreements. The FCA said the retailer had not been a "responsible lender" and had treated customers unfairly. On 30 March 2020, Grant Thornton were appointed as administrators. BrightHouse collapsed as "the company had been struggling after an influx of compensation claims for se ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Grant Thornton
Grant Thornton is a multinational professional services network based in London, United Kingdom. It is the seventh-largest in the world by revenue and the sixth-largest by number of employees. The network consists of independent accounting and consulting member firms that provide assurance, tax, and advisory services to privately held businesses, public interest entities, and public sector organisations. Grant Thornton is composed of member firms affiliated with Grant Thornton International Ltd., a private company limited by guarantee, incorporated in England and Wales. Grant Thornton is a not-for-profit, non-practising, international umbrella membership entity, and has no share capital. Member firms within the Grant Thornton network operate in 147 markets employing around 73,000 personnel for a combined global revenue of US$7.5 billion. History 20th century The earliest origins of the name date back to 1904, when the UK firm of Thornton and Thornton was formed in Ox ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Beko
Beko ( ; stylized as beko) is a Turkish white goods and electronics brand of Arçelik A.Ş., which is controlled by the Koç Holding conglomerate. History Beko Elektronik A.Ş. was founded by Vehbi Koç, the founder of Koç Holding (who also founded Arçelik A.Ş. in 1955, which is currently the parent company of Beko, Grundig and Indesit as of 2022), and Leon Bejerano in Istanbul, Turkey, in 1954. The company's name is a combination of the first two letters of the founders' surnames, Bejerano and Koç. In 2004, Beko Elektronik purchased the German electronics company Grundig and by January 2005, Beko and its rival, Turkish electronics and white goods brand Vestel, accounted for more than half of all TV sets manufactured in Europe. In April 2010, the electronics division of Beko renamed itself Grundig Elektronik A.Ş. At the Extraordinary General Shareholders Meeting of Arçelik A.Ş. on 29 June 2009, it was decided to merge Arçelik A.Ş. with the company's subsidia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Whirlpool
A whirlpool is a body of rotating water produced by opposing currents or a current running into an obstacle. Small whirlpools form when a bath or a sink is draining. More powerful ones formed in seas or oceans may be called maelstroms ( ). ''Vortex'' is the proper term for a whirlpool that has a downdraft. In narrow ocean straits with fast flowing water, whirlpools are often caused by tides. Many stories tell of ships being sucked into a maelstrom, although only smaller craft are actually in danger. Smaller whirlpools appear at Rapids, river rapids and can be observed downstream of artificial structures such as weirs and dams. Large waterfall, cataracts, such as Niagara Falls, produce strong whirlpools. Notable whirlpools Saltstraumen Saltstraumen is a narrow strait located close to the Arctic Circle, south-east of the city of Bodø (town), Bodø, Norway. It has one of the strongest tidal currents in the world. Whirlpools up to in diameter and in depth are formed when ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nintendo
is a Japanese Multinational corporation, multinational video game company headquartered in Kyoto. It develops, publishes, and releases both video games and video game consoles. The history of Nintendo began when craftsman Fusajiro Yamauchi founded the company to produce handmade ''hanafuda'' playing cards. After venturing into various lines of business and becoming a public company, Nintendo began producing toys in the 1960s, and later video games. Nintendo developed its first arcade games in the 1970s, and distributed its first system, the Color TV-Game in 1977. The company became internationally dominant in the 1980s after the arcade release of ''Donkey Kong (1981 video game), Donkey Kong'' (1981) and the Nintendo Entertainment System, which launched outside of Japan alongside ''Super Mario Bros.'' in 1985. Since then, Nintendo has produced some of the most successful consoles in the video game industry, including the Game Boy (1989), the Super Nintendo Entertainment Syste ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Acer Inc
Acer Inc. (; ) is a Taiwanese Multinational corporation, multinational company that produces computer hardware and electronics, headquartered in Xizhi District, New Taipei City, Taiwan. Its products include desktop computer, desktop PCs, laptop PCs (Laptop, clamshells, 2-in-1 PC, 2-in-1s, Convertible laptop, convertibles and Chromebooks), tablet computer, tablets, server (computing), servers, storage devices, virtual reality devices, displays, smartphones, televisions and peripherals, as well as Gaming computer, gaming PCs and accessories under its Predator brand. Acer is the Market share of personal computer vendors, world's sixth-largest personal computer vendor by unit sales. In the early 2000s, Acer implemented a new business model, shifting from a manufacturer to a designer, marketer, and distributor of products, while performing production processes via contract manufacturers.Centre for Research on Multinational Corporations, Bart Sleb, 2005 Currently, in addition to its ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philips
Koninklijke Philips N.V. (), simply branded Philips, is a Dutch multinational health technology company that was founded in Eindhoven in 1891. Since 1997, its world headquarters have been situated in Amsterdam, though the Benelux headquarters is still in Eindhoven. The company gained its royal honorary title in 1998. Philips was founded by Gerard Philips and his father Frederik, with their first products being light bulbs. Through the 20th century, it grew into one of the world's largest electronics conglomerates, with global market dominance in products ranging from kitchen appliances and electric shavers to light bulbs, televisions, cassettes, and compact discs (both of which were invented by Philips). At one point, it played a dominant role in the entertainment industry (through PolyGram). However, intense competition from primarily East Asian competitors throughout the 1990s and 2000s led to a period of downsizing, including the divestment of its lighting and c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sony
is a Japanese multinational conglomerate (company), conglomerate headquartered at Sony City in Minato, Tokyo, Japan. The Sony Group encompasses various businesses, including Sony Corporation (electronics), Sony Semiconductor Solutions (imaging and sensing), Sony Entertainment (including Sony Pictures and Sony Music Group), Sony Interactive Entertainment (video games), Sony Financial Group, and others. Sony was founded in 1946 as by Masaru Ibuka and Akio Morita. In 1958, the company adopted the name Initially an electronics firm, it gained early recognition for products such as the TR-55 transistor radio and the CV-2000 home video tape recorder, contributing significantly to Japan's Japanese economic miracle, post-war economic recovery. After Ibuka's retirement in the 1970s, Morita served as chairman until 1994, overseeing Sony's rise as a global brand recognized for innovation in consumer electronics. Landmark products included the Trinitron color television, the Walkma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Samsung
Samsung Group (; stylised as SΛMSUNG) is a South Korean Multinational corporation, multinational manufacturing Conglomerate (company), conglomerate headquartered in the Samsung Town office complex in Seoul. The group consists of numerous affiliated businesses, most of which operate under the Samsung brand, and is the largest (business conglomerate) in South Korea. Samsung has the world's List of most valuable brands, fifth-highest brand value. Founded in 1938 by Lee Byung-chul as a trading company, Samsung diversified into various sectors, including food processing, textiles, insurance, securities, and retail, over the next three decades. In the late 1960s, Samsung entered the electronics industry, followed by the construction and shipbuilding sectors in the mid-1970s—areas that would fuel its future growth. After Lee died in 1987, Samsung was divided into five business groups: Samsung Group, Shinsegae Group, CJ Group, Hansol Group, and JoongAng Ilbo, JoongAng Group. K ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Terra Firma Capital Partners
Terra Firma Capital Partners Limited is a British private equity firm. Financier Guy Hands founded the firm in 2002 through the spin-off of Nomura Principal Finance Group. The firm, which traces its roots to the formation of its predecessor in 1994, has invested over €14 billion since inception. Terra Firma invests across a range of sectors and has focused on leveraged buyouts of large, asset-rich businesses, often with complex structural or regulatory issues. The firm often targets under-performing businesses in need of strategic, operational, or management change. Terra Firma is headquartered in London with offices in Guernsey and Beijing. It has a staff of over 90 employees. History 1994–2006: Founding and early history Terra Firma (solid Earth) traces its origins to 1994 when Guy Hands formed Nomura Principal Finance Group, which focused on European private equity investments. Hands joined Nomura after three other banks, including his previous employer Goldman S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Radio Rentals
Radio Rentals was founded in 1930Radio Rentals Staff Handbook by Percy Perring-Thoms in Brighton, Sussex, UK, to rent out radio sets, with a turnover in the first year of £780 (). It later offered televisions and videorecorders for rent. In 1964 it merged with RentaSet, Joseph Robinson's similarly formed company. Then, in 1968, it was acquired by Thorn Electrical Industries and joined with Thorn's DER chain (founded 1938) as part of Thorn Television Rentals (TTR), though the two companies were run completely separately, with different staff and vehicles. Two other, smaller High Street TV rental companies were also acquired/established by the Thorn Television Rentals group: these being Multi-Broadcast and the even smaller company Vistavison (not to be confused with Visionhire). Very little is known today about these two rental companies: in the 1970s they were well-known names on the British High Street but have long since vanished along with Radio Rentals. The last Bair ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thorn EMI
Thorn EMI was a major British company involved in consumer electronics, music, defence and retail. Created when Thorn Electrical Industries merged with EMI in October 1979, it was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index. It demerged back to separate companies in 1996. History The company was formed following the board of EMI accepting a £169 million offer from Thorn Electrical Industries in November 1979 to merge the groups. Thorn saw EMI as a good fit for the music and future home video market with Thorn manufacturing hardware and EMI providing content. EMI chief executive Bernard Delfont, chairman Sir John Read and Capitol Records' chief Bhaskar Menon joined the Thorn EMI board, with Read becoming deputy chairman of Thorn EMI. Thorn's chairman Sir Richard Cave became chairman of the merged group. Soon after the merger, Thorn EMI divested many of the group's leisure operations. In July 1980, seven hotels, including the To ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
