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Articles about electricals

Xbox One "changes everything" Wednesday, 22nd May 2013

Xbox One "changes everything"

Last night Microsoft unveiled a new Xbox console that integrates TV, internet and gaming in a manner that, according to executive Marc Whitten, “changes everything”.

Posted by Kirsty Simmonds

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Sony say no to proposed spin off of entertainment business Tuesday, 14th May 2013

Sony say no to proposed spin off of entertainment business
Photo credit: Sony

Sony Corp have quashed a proposal from hedge fund Third Point asking for it to spin off part of its entertainment sector. In a statement from a Sony spokesman, Sony reiterated that: "As President and CEO Kazuo Hirai has said repeatedly, the entertainment businesses are important contributors to Sony's growth and are not for sale, and we look forward to continuing constructive dialogue with our shareholders as we pursue our strategy".

Posted by Joe Stearn

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John Lewis fetes arrival of spring as fashion sales surge Friday, 3rd May 2013

John Lewis fetes arrival of spring as fashion sales surge
Photo credit: John Lewis plc

Hotter climes have helped fashion sales at John Lewis rise 19.6 per cent on the same week a year before. The department store on Friday reported a stronger week with sales up 5.3 per cent in the seven days to 27 April, as fashion sales managed to offset tougher trading at the retailer’s home and electricals and home technology directorates.

Posted by Ava Szajna

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Microsoft eyes mainstream with Nokia Lumia 521 Friday, 3rd May 2013

Microsoft eyes mainstream with Nokia Lumia 521
Photo credit: Nokia

Microsoft Corp begins its drive into the mainstream as it looks to boost market share with Nokia Lumia 521. The world’s largest software company this week shifted tactics as it looks to win mass market share, launching the Nokia Lumia 521 at an unsubsidized USD 150 price point.

Posted by Ava Szajna

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Original iPhone to become obsolete Wednesday, 1st May 2013

Original iPhone to become obsolete

The original, first generation Apple iPhone is to become obsolete on 11 June, according to a document which was reportedly leaked from the company headquarters.

Posted by Kirsty Simmonds

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Apple raises £10bn after bond sale Wednesday, 1st May 2013

Apple raises £10bn after bond sale

Apple has raised £10.9 billion after selling bonds to help fund its plans to provide payouts to shareholders.

Posted by Kirsty Simmonds

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Spring brings mixed fortunes for John Lewis Friday, 26th April 2013

Spring brings mixed fortunes for John Lewis
Photo credit: John Lewis plc

Sales at John Lewis came in flat at -0.1 per cent for the week as customers chose to make the most of the sunshine instead of shopping. The department store’s online director Mark Lewis on Friday reported “a number of factors” had contributed into make the seven days to 20 April a “challenging” week for the retailer compared to the same time a year before, with customers reportedly soaking up the sun in their gardens instead of on the high street.

Posted by Ava Szajna

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Sales rise 23.1% for John Lewis as department store looks to cater for “every eventuality” Friday, 5th April 2013

Sales rise 23.1% for John Lewis as department store looks to cater for “every eventuality”
Photo credit: John Lewis plc

Sales rose 23.1 per cent year-on-year for the department store group, as Easter purchases boosted strong like-for-like sales and online growth in the seven days to 30 March. The Easter holidays brought a rise in footfall for John Lewis stores, as sales rose 14.6 per cent on the Easter week from 2012.

Posted by Ava Szajna

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Hilco strikes £50m deal for HMV Friday, 5th April 2013

Hilco strikes £50m deal for HMV
Photo credit: My Retail Media

After months of uncertainty, it seems HMV could be about to emerge from administration as part of a £50 million deal with Hilco. According to Sky News, a deal between the two companies could be stuck as soon as Friday, with the chain expected to be run by incumbent HMV executives alongside newly-appointed Hilco executives.

Posted by Ava Szajna

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Sir James Dyson appoints sons to board of directors Tuesday, 2nd April 2013

Sir James Dyson appoints sons to board of directors
Photo Credit: Dyson Group plc

Sir James Dyson has appointed his two sons, Sam and Jake, as non-executive directors in his company’s board. Sir James’ son Jake is a 40 year old design engineer while Sam is a 35 year old musician. Both are business owners and both have been present at Dyson’s quarterly shareholder meetings.

Posted by Ryan Legge

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