British group Kingfisher is in the third year of a five-year plan to boost annual profit, called ‘One Kingfisher’. However, poor results from the French subsidiary which owns Castorama and Brico Dépôt are causing concern. For a second quarter, Brico Dépôt increased sales by + 2.6% (like-for-like) whilst Castorama posted a fall of 3.8% (like-for-like). Following the resignation of Marc Tenart, Christian Mazauric is the new C.E.O. of Kingfisher France from October 1st, already with lon
…Christian Mazauric new French C.E.O. of Castorama
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