The Office Times

Spicers gets funding boost

Better Capital has been informed that BECAP Fund LP has provided further funding to the holding company of Spicers Ltd, one of its portfolio companies

Decline in envelope volumes eases

Decline in envelope volumes eases

Envelope and packaging producer Bong has announced a more positive first quarter following a decline of about 11 per cent in the European envelope market in 2013. The decline in the first quarter of 2014 was only 1 per cent, according to FEPE.

Report gives positive outlook for Spanish OP market

The Office Stationery, Supplies, and Services market in Spain is expected to grow at a CAGR of 2.94 percent over the period 2013-2018, according to a report by Reportstack

Staples reports 3% drop in sales

Staples reports 3% drop in sales

Staples announced that its sales were down 3% for the the first quarter of 2014 compared to the same period in 2013.

Renz changes ownership

Renz  changes ownership

Renz GmbH has been acquired by a group of private entrepreneurs with Georg Saint-Denis newly appointed as CEO of the Renz group

Officeday sales up 3.5%

Officeday Latvia increased its turnover by 3.5% in 213 to €15.5 million. The office and stationery dealer also managed to increase profits through a strict control of expenses

Cost-saving program benefits Wulff

Cost-saving program benefits Wulff

Scandinavian reseller Wulff has reported net sales totaling €19.8 million for the first quarter of 2014, down from €22.7 million, with an operating profit of €300k.

Carphone Warehouse and Dixons Retail to merge

Carphone Warehouse and Dixons Retail to merge

Carphone Warehouse and Dixons Retail have agreed to enter a 3.8 billion pounds (4.7 billion euros) all-share merger. The deal will establish a mobile phone a and electricals products retail network of about 3,000 stores across Europe

BIC announces increasing sales

BIC announces increasing sales

BIC finished 2013 with a strong fourth quarter and an increase in sales in most geographies, the French manufacturer reported in a meeting held today in Clichy.

Apple looks to increase direct sales

Apple looks to increase direct sales

Apple has significantly reduced the time it takes to refund online store customers returning products as it aims to increase direct sales from its website.



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