iPhone X lifts Dixons Carphone sales

Retailer plays down prospect of store closures as full-year profits slide after tough first halfDixons Carphone has said that higher iPhone sales lifted its revenues over the Christmas period, as it confirmed a change in leadership and a steep drop in full-year profits.The chief executive, Sebastian James, is leaving to run Boots and in April will hand over to Alex Baldock, currently boss of the online retailer Shop Direct. The finance director, Humphrey Singer, is also leaving. Continue reading