Brunei: Loans for home improvement continue to fall
Bruneians’ appetite for home improvement remained weak in the last quarter of 2021, with borrowings for the purpose hitting fresh multi-year lows. Data from Brunei’s central bank show that personal loans for home …
Donald Allan Jr. follows James Loree
New CEO at Stanley Black & Decker
The board of directors at Stanley Black & Decker has appointed Donald Allan Jr., currently president and chief financial officer, as chief …
Press reports
Bauhaus Austria to grow by 15.8 per cent
The German DIY chain Bauhaus is believed to have achieved sales of around EUR 490 mio in Austria in 2021, equivalent to an increase of …
Strongest growth in the garden
Italian DIY stores increased their turnover by 9.1 per cent in 2021
DIY stores in Italy increased their turnover by 9.1 per cent in 2021. The garden range grew the most, by 16.0 …
Focus on strengthening of position in Africa
Akzonobel acquires paint and varnish business from Kansai Paint
Akzonobel intends to acquire the paint and varnish business Kansai Paint and thereby strengthen its position in …
Germany and France
Debate on cooperation between manufacturers and retailers in the "new normal"
Cooperation between manufacturers and retailers remains on the agenda in the European DIY sector. In …
Inflation depresses earnings
Ace Hardware reports growth of 8.9 per cent
Ace Hardware has reported record first-quarter 2022 revenues of USD 2.2 billion, an increase of USD 181.8 million, or 8.9 per cent, …
28 000 visitors
Upbeat verdict on the first Interzoo after four years
Around 28 000 trade visitors from 129 countries attended Interzoo in Nuremberg (Germany) last week - "a brilliant comeback" …
UK
Wickes like-for-like at the beginning of 2022 with a slight minus
Wickes has reported a slight year-on-year decline in its like-for-like sales of 0.6 per cent in the first 20 weeks…
Battery segment as driver
French tool manufacturers report double-digit growth for 2021
French manufacturers of power tools for professionals and end users reported 25.4 per cent more sales last year than …