A STEADY stream of new television purchases in time for the summer’s World Cup in South Africa helped push overall first quarter sales at electronic goods retail group, DSG, up by 3% on a year-on-year basis.

The group behind Currys and PC World today said first quarter sales leapt 6% thanks to a World Cup boost for televisions and strong demand for Apple’s iPad.

HOW on earth did the Government miss the fact that the country’s banks were so over-exposed to property?

DSG INTERNATIONAL – the group which owns the Currys, PC World and Dixons electrical goods retail chains – is aiming to create up to 100 jobs in its Irish operations by the end of this year, as fortunes begin to rise for the business.

London: Electrical retailer DSG International said its turnaround plan is on track, that it is delivering better profit and will accelerate the rollout of reformatted stores.

Currys owner DSG International outlined plans for more new-look stores today after hailing the early success of its transformation strategy.

DSG — the company which operates the Currys and PC World electrical chain stores — is to create 100 jobs as part of the first phase of an ambitious expansion programme for its Irish operations.

DSG INTERNATIONAL – the electrical goods retailer which operates the Currys and PC World chains – has announced that current trading is ahead of its previous expectations, across all of its geographical markets, due mainly to strong Christmas sales.

THE head of the Irish operations of electrical retail group DSG – which operates the Currys and PC World chains – has said that sales promotions here have helped improve sales despite the group’s first half figures showing an 11% drop in sales in its British and Irish division.

Currys and PC World parent DSG International today said it was seeing improved trading across a number of its businesses as sales declines eased further.

Currys owner DSG International revealed more trading gloom today as its PC World chain was hit by a sharp fall in sales to business customers.

DSG International – the company which operates the electrical retail chains Currys and PC World – is ramping up its “transformation” project in its British-based stores, but investment will be initially slow in its Irish operations.

Currys and PC World owner DSG International today racked up annual losses of £140.4m (€165m) as it warned markets were set to remain tough in the year ahead.

The FTSE 100 Index slid into the red today as retail stocks came under pressure for the second day in a row.

THE head of the Irish division of international electrical retail group, DSG has become the latest figure to call for a reduction in Ireland’s VAT rate — branding Government inactivity on the issue “an astonishing lack of understanding”.

The beleaguered London market took another hammering today as a late sell-off left the FTSE 100 Index down another 3% at a fresh six-year low.

The FTSE 100 Index continued its slide today after hitting a six-year low yesterday on fears regarding the health of heavyweight financial firms.

Banking giant Barclays saw shares surge ahead on better-than-expected annual profits today, but it was a mixed session for the wider market.

The FTSE 100 Index was in negative territory today despite better than expected profits from banking giant Barclays.

Currys and PC World owner DSG International was under pressure today following reports that the firm could be forced to tap investors for hundreds of millions of pounds.

Currys and PC World parent company DSG International today named the former boss of logistics business Exel as its next chairman.

DSG IRELAND — the holding company for the Curry’s, PC World and Dixon’s electrical goods retail brands here — is still aiming to expand its store presence, despite seeing sales decline significantly over the last three months.

Currys and PC World owner DSG International today revealed a 10% drop in quarterly sales after shoppers put off purchases until after Christmas.

The London market made strong gains today as miners soared ahead and housebuilders were buoyed by encouraging property price figures.

British housebuilders were on the front foot today after building society Nationwide said the rate at which house prices were falling had eased “significantly”.

The London market got a much-needed boost today after mining and financial stocks pulled out of their recent tailspin.

The London market suffered a fourth day of losses in a row today as economic concerns weighed on commodity and financial stocks.

Shares in the owner of British electrical retailers PC World, Currys and Dixons were rocked today after an insurer scaled back its cover against the firm being unable to pay its suppliers.

DSG International, the owner of Currys and PC World, has put its loss-making central and eastern European operations up for sale, it was reported today.

Consumer electronics giant DSG today said it planned to cut capital expenditure by around £30m (€38.14m) this year as part of efforts to deal with deteriorating consumer confidence across Europe.

DSG INTERNATIONAL (DSGI) — the parent group of the Currys, PC World and Dixons electrical retail brands — said yesterday that its total group sales rose by 4% on a sterling basis, but fell by 2% in local currency over the four months (to the end of August) of its current financial year.

Persistent fears over the economy and weaker metal prices dragged the London market more than 2% into the red today.

Currys and PC World owner DSG International today reported first quarter sales down 7% and said it remained “very cautious” as economic conditions continue to hit consumer confidence.

Currys and PC World owner DSG International shed 17% today as the beleaguered stock’s recent share price rally came to a juddering halt.

DSG Retail Ireland is looking to grow its network of Currys and PC World operations to 50 stores within the next five years in a move that would create close to 750 jobs.

Currys and PC World owner DSG International unveiled a 30% plunge in profits today and warned it remained “very cautious” about consumer confidence.

Currys and PC World owner DSG International today said it would shrink the size of its Currys.digital estate in a bid to revive the business.

Currys and PC World owner DSG International is expected to announce hundreds of store closures that could put jobs at risk under turnaround plans due to be unveiled this week, reports said today.

UK Currys owner DSG International today issued another profits warning after it said increased promotional activity had impacted on trading margins.

A 70% rise in online sales helped the former Virgin Megastore chain post double-digit Christmas sales growth in its new guise, bosses said today.

UK retail giants endured another torrid day on the stock market today amid concerns over the festive trading performance of some of the high street’s biggest names.

The London market staged a late session turnaround today after positive US economic data helped offset hefty falls among UK retailers.

High street retailers endured a gloomy session today after a profits warning from Currys and PC World owner DSG International.

The festive spending squeeze claimed its first major casualty today after Currys owner DSG International warned it would miss profit hopes.