news News in brief
The Bathroom Manufacturers Association (BMA) has closed its accounts on X/Twitter, following controversial statements from owner, Elon Musk. The BMA said: “Our decision to leave X is straightforward. We are prioritising other,
safer,
communication channels to stay in touch with our members and stakeholders.”
Alfresco Kitchens has become the premier UK dealer of Canadian outdoor kitchen brand Urban Bonfire. Part of the Home Living Group, Alfresco Kitchens is a luxury outdoor kitchen design retailer based in West London. The company also works with other outdoor kitchen brands including Cubic, Outopia, Burnout and Fresco Pro.
Franke has launched its latest Franke Rewards promotional scheme offering cashback rewards on key products within its tap, cooker hood, appliances and waste management categories. This initiative, effective from now until the end of the year, is designed to reward retailers for their continued support and sales of products.
Keller has appointed Project Kitchens as its national contract partner for the UK. Tim Spann, Keller UK national sales manager said: “Project Kitchens and Keller represent the
perfect sustainability package for
developers and builders. We are perfectly poised to offer the most sustainable package of products and services to the sector together.”
PJH has donated a whopping £21,531 to its chosen charity Macmillian Cancer Support. Following its success this year, PJH has also announced it will continue with another 12 months of fundraising for Macmillan, with the goal of beating this year’s target.
Rangemaster has launched a new consumer warranty promotion on its range cookers, offering retailers an opportunity to maximise sales. Consumers can claim an extended five-year warranty when purchasing a selected range cooker until 22nd September.
Howdens revenue and market share up in 2024
and more meaningful
TRADE KITCHEN giant Howdens has reported an increase in revenue and market share for the first half of 2024. After announcing an increase in revenue for the
first four periods (16 weeks) of 2024, the company has now reported that its UK revenue in the first half (H1) was 4.3% ahead of the same period of 2023.
With UK revenue steadily rising to £933.7 million, the company says it has “maintained industry leading gross margins of 60.8%.” Howdens also says its profit before tax of £112.3m is in line with last year, after investing £16m in strategic initiatives in H1. International revenue was also up 2.5% in the period ahead of the prior year. Commenting on Howdens’ half yearly results, Livingston,
Andrew chief executive, “Howdens performance in the first said: half was
encouraging and we gained market share in a challenging marketplace. “We continued to invest in our strategic
initiatives which are strengthening our differentiated business model and delivering positive results. “We are focused on the significant growth
opportunities in our core UK kitchen and joinery markets. To access these, we are progressing our new depot and reformat programme and making
range and product innovations. “We are also manufacturing more of what we
sell and, alongside the provision of unequalled stock availability, we are adding further digital capabilities to support our trade customers and depot teams. “We continue to see opportunities to
develop our business model internationally and we’re making good progress in establishing Howdens’ presence, laying the foundations for future success.” Since the start of the year, Howdens has opened
10 new depots of the 30 that were planned to open in the UK in 2024. It expects to operate with around 1,000
depots in the UK, versus the 840 trading at the end of 2023.
Latest Caple Studio opened at Potter Cowan
CAPLE HAS celebrated the opening of its latest Caple Studio, which is located at Potter Cowan in Belfast, calling it a “significant milestone” for the company. The studio was opened with a launch event, attended by the Caple team, which the company said was
“a resounding success”. The launch was also attended by customers and trade clients, with Caple training manager Jo Underhay demonstrating the capabilities of the brand’s products with live cooking demonstrations. Since launch, Caple says the new showroom has been a hive of activity, with customers visiting to explore the displays and interactive setups. Managing director of Potter Cowan, Paul Lupari, commented: “This
investment demonstrates our commitment to driving innovation and delivering exceptional value to our clients. “Our goal is to provide an enhanced, interactive experience that showcases the latest industry trends and cutting-edge products, reinforcing our dedication to meeting the evolving needs of our customers” Kitchen and component distributor Potter Cowan recently made a
six-figure investment in its business, which included the opening of a new 3,000 sq ft trade showroom at its Belfast site.
10 kbbreview September 2024
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