Heimtextil is the biggest international trade fair for home and contract textiles, and will next be held in Frankfurt am Main on 7-10 January 2020. The first trade fair of the year for its sector, it is a climate and trend barometer for the new business year. Heimtextil is the season opener for new trends and textile innovations. Here, you can find everything in one place: interior textiles, interior design and interior trends.
EDRA/GHIN Members who would like complimentary VIP tickets to attend Heimtextil should contact firstname.lastname@example.org
Find out more about what’s in store for the 50th Edition of Heimtextil at: www.heimtextil.messefrankfurt.com
Light+Building, the stage for the latest lighting trends and a source of inspiration for building services technology, is building up for next year’s event on 8-13 March 2020 in Frankfurt, Germany. Taking place every two years since 2000, this event has grown rapidly and now has more than 2,600 companies presenting their world firsts in the Frankfurt Exhibition Centre. Of some 216,000 visitors, almost half come from outside Germany. Amongst the major visitor groups are architects, interior architects, designers, planners and engineers, as well as tradesmen and representatives from the retail and wholesale sectors and from industry.
Any EDRA/GHIN Member who would like complimentary VIP tickets for Light+Building should contact email@example.com
Find out more at: www.light-building.messefrankfurt.com
A new Leroy Merlin store opened last month in Rzeszow in the Subcarpathian Voivodeship. The new store is located in the prosperous district of Witosa and covers a total sales area of 10,000 sqm. The outlet is divided into 13 specialist departments and offers an assortment of 36,000 products. With the current opening, the French Adeo Group now operates a total of 65 Leroy Merlin stores and nine Bricoman outlets in Poland. In the coming months, two more Leroy Merlin outlets will be launched with locations in Wielicka near Krakow (Lesser Poland Voivodeship) and in Szczecin (West Pomerania). In addition, in December 2019, a store of the small-format Leroy Merlin Urban will be realized in the state capital Warsaw.
Read more at: www.baumarktmanager.de
Brico Dépôt Romania has now converted the last remaining Praktiker store to its format. Thus all 35 stores operated by the British Kingfisher Group in Romania are now trading under the Brico Dépôt logo.
Read more at: www.diyinternational.com
Sylvain Prud’homme, president of Lowe’s Canada, has announced his retirement from the company. Pending his permanent replacement, Tony Cioffi, executive vice-president, finance, real estate and dealers, will be acting as interim president. “After more than 35 years in the retail industry in roles that have taken me across the country, including six years with Lowe’s Canada, it is with mixed feelings that I am announcing my retirement. We have accomplished a lot over the last several years, and I feel that the time is right for me to spend more time with my wife and family and hand over the reins of the company. I feel blessed to have had this opportunity and thank all Lowe’s Canada associates for their hard work for the organization,” Prud’homme said in a statement.
Read more at: www.hardlines.ca
The 157 Hornbach DIY stores as well as the German group’s online shops in nine European countries have increased their net sales in the first half of the year (ending 31 August 2019) for financial year 2019/2020 by 8.7% to €2.4447 bn. In like-for-like sales net of currency effects, the DIY and garden stores achieved a sales growth of 8.3% in the first six months. The net sales of the domestic Hornbach stores and the German online shop rose in the first half of the year 2019/20 by 7.0% to €1.2558 bn. Like-for-like sales in Germany grew by 7.4%. In the eight countries outside Germany, net sales increased by 10.5% to €1.1889 bn. The foreign portion of sales increased from 47.8% to 48.6%. Like-for-like sales net of currency effects grew in the rest of Europe by 9.2%.
Kingfisher plc announced on 27 September the appointment of Alain Rabec as CEO of Kingfisher France, which includes the Castorama and Brico Dépôt businesses. He will be responsible for over 200 stores, 20,000 colleagues and €4.5 bn of sales. He joined Kingfisher on 1 October and will also be a member of Kingfisher’s Group Executive. Mr Rabec is a highly experienced, operational retailer who has spent over 30 years in senior roles at Carrefour, the French retail group, according to Kingfisher. Most recently (2016-2018) he was executive director of Carrefour hypermarkets, where he was responsible for 230 stores with sales of €17 bn. The current CEO of Kingfisher France, Christian Mazauric, will be taking some time out from Kingfisher to recover from an operation. Kingfisher plc CEO Thierry Garnier said: “Christian has led our companies in France, B&Q in the UK and Brico Dépôt in Romania, and I would like to take this opportunity to thank him for his valuable contribution to Kingfisher. I look forward to welcoming him back to Kingfisher in the future.”
Read more @ www.diyinternational.com
In the UK and Ireland, B&Q total sales dropped 3.3% to £1,773m in H1, impacted by the axing of installation services and declines across showroom and weather-related categories. Kingfisher reported a number of exceptional items for the half year ended 31 July, including a £68m restructuring charge relating to redundancy costs following the group’s plans to close 11 stores in France and 19 Screwfix Germany outlets. The retailer described financial performance in the half as “mixed”. Screwfix, Poland and Romania delivered like-for-like sales growth for the period. However, sales at B&Q and Castorama France, were disappointing, with the retail group attributing declines to “a weak consumer backdrop in the UK and disruption caused by new range implementation”, alongside ongoing transformation-related issues at Castorama France. B&Q like-for-like (LFL) sales declined by 3.2% in H1.
Online was a more positive story, as B&Q’s total digital sales continued to make good progress, with sales growing by 10% and now representing 5% of total sales. The retailer also recorded a £1 million profit in the period on the disposal of properties in the UK.
Screwfix grew total sales by 9.9% (+5.1% LFL) to £882m, driven by specialist trade desks exclusive to plumbers and electricians, strong digital growth of 18% (now accounting for 32% of total sales); and the continued roll out of new outlets. The retailer opened 16 new Screwfix outlets in H1 19/20, taking its estate to 643. The company’s longer-term target is to operate around 800 outlets in the UK, and the business said it remains “on track” to open stores in the Republic of Ireland in the second half of the year in order to complement its existing online presence. Total sales for the Kingfisher Group were down 0.9% in constant currency.
Read more at: www.diyweek.net