Topps Tiles hits back

Topps Tiles hits back after major shareholder calls out ‘costly blunders’
Topps Tiles has hit back after a major shareholder called for an overall of its top team and strategy following a series of “costly blunders”. The London-listed company has issued a statement in the wake of the managing director of Austrian investment company MS Galleon,
Topps Tiles Says Market-Share Gain Underpins Strategy Amid Criticism From Major Shareholder
In a response to the report, Topps Tiles said Monday that its latest results show that it can outperform the wider tile market despite tough market conditions. "We believe this demonstrates the effectiveness of our strategy, which has the full support of the board," Chairman Paul Forman said.
Topps Tiles hits back after MS Galleon criticism
Topps Tiles hit back on Monday after its largest shareholder MS Galleon criticised the tile specialist for a series of "costly blunders" and called on the board to overhaul its senior management and strategy.
Topps Tiles major shareholder calls for management overhaul after ‘costly blunders’
Topps Tiles’ major shareholder has called for the board to overhaul its senior management and strategy after what it termed a series of “costly blunders”.
Topps defends strategy after being criticised by biggest shareholder
Piotr Lipko – managing director of Austrian investor MS Galleon, which owns a 30% stake in Topps Tiles – wrote to Topps Tiles bosses last week calling for a leadership review, claiming management have made a raft of recent “strategic missteps”.
Topps Tiles says board supports strategy after top investor's criticism
Britain's Topps Tiles' strategy, primarily focused on expanding the retailer's online businesses, had the "full support of the board", the company said on Monday, responding to a newspaper report of discontent from a top investor.
Topps Tiles defends strategy amid critical letter from prominent investor
MS Galleon, which owns a 29.9 per cent stake in Britain's largest tile retailer, warned the business was in 'significant danger' of losing further market share to rivals.
Topps Tiles Defies Market Trends with Strategic Growth
Topps Tiles (GB:TPT) has released an update. Topps Tiles is showing resilience in a challenging market by increasing its market share, despite a
Topps Tiles says its strategy has full support from board
Britain's Topps Tiles' strategy had the "full support of the board" and it has grown its market share amid challenging trading conditions, the tile retailer said on Monday, responding to a media report of discontent from a top investor.
Topps Tiles hits back at biggest shareholder after being accused of 'missteps'
Topps Tiles has defended its strategy after being slammed by its biggest shareholder over the retailer's approach and ...
Topps defends strategy after being slammed by biggest shareholder
Austrian investor MS Galleon accused bosses at Topps Tiles of strategic ‘missteps’ and a ‘complete failure’ to adapt to a ...
Toxic shareholder relations are a red flag for company performance
This should be a red flag. History proves that when relations break down, such disputes, even if relatively rare, can drag on and on. Take the battle between easyJet and its founder Stelios ...
Topps Tiles profits nearly halve as consumer demand remains sluggish
Topps Tiles profits fell sharply this year as sluggish demand in the home repair and maintenance sector and broader economic ...
Topps Tiles cautions over costs as profits slump on weak home improvement market
Retailer Topps Tiles has revealed its profit nearly halved over the past year as it grappled with a tough home improvement ...