This particular move is Véronique Laury’s first major decision since she became Kingfisher Group’s CEO on 8 December 2014. Previously, Ian Cheshire was the group’s CEO.
B&Q opened its first Chinese store in 1999 and currently manages 35 stores and 3,000 employees in China. The sale still has to get approval from the Chinese Ministry of Commerce, which is expected somewhere around mid-2015.
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Disappointing results This particular move is Véronique Laury’s first major decision since she became Kingfisher Group’s CEO on 8 December 2014. Previously, Ian Cheshire was the group’s CEO. B&Q opened its first Chinese store in 1999 and currently manages 35 stores and 3,000 employees in China. The sale still has to get approval from the Chinese Ministry of Commerce, which is expected somewhere around mid-2015.
