£30m loss for PC world owner
The owner of Currys and PC World today continued a grim week for the high street’s biggest names after plunging almost £30m (€35.7m) into the red.
DSG International, which operates 30 stores in Ireland, posted underlying losses of £29.8m (€35.4m) in the 24 weeks to October 18 – compared with a £52.4m (€62.4m) profit the previous year.
The firm warned of a “tough and volatile” retail climate as like-for-like sales across the group fell 7% over the period.
